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How far will home loan interest rates go?
- August 24, 2010
- Posted by: admin
- Category: Finance News
No CommentsAustralia’s economic growth is set to accelerate, resulting in the re-emergence of serious inflationary pressures and high interest rates, BIS Shrapnel has warned. According to the researcher’s Long Term Forecasts report for 2010-2025 released today, tightening labour markets and accelerated household spending will lead to higher consumer price inflation, forcing the official cash rate up