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Podcast: The Property Trio (formerly The Property Planner, Buyer and Professor)
Episode: #157: Market Update May 22 - RBA increases the cash rate but it's no reason to panic! What is the wage price spiral, why Australians are ahe
Description: Got a question for the trio? - https://zfrmz.com/uLtjhyBskV96PY6eJfaI https://propertyplanning.com.au/propertyplannerbuyerprofessor/ In this week's episode Dave, Cate and Pete take you through: Market update 1. Cash rate rises by 50 basis points, but the sky's not falling in The RBA raises the cash rate by 50 basis points to 0.85%, with an expectation that rates will increase by the same amount next month as well. However, this is no reason to panic. The cash rate was at 1.50% pre-covid, so there is still some room to move and the reality is that the cash rate was never meant...