The RBA has got it wrong according to the recent REIA Report...

Real Estate Institute of Australia (REIA) President, Mr David Airey said the Reserve Bank have not made an accurate assessment of the state of the property market by increasing official rates today.

“If the RBA had accurately assessed market conditions it would not have increased interest rates today,” said Mr Airey.

“Instead, the RBA has played Scrooge to homeowners in the lead up to Christmas,” he continued

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