Updated August 11, 2026 — 5:59pm , first published 10:52am

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RBA governor Michele Bullock has warned the bank is willing to keep raising interest rates to curb inflation while flagging property prices could fall by 20 per cent without seriously risking the country’s financial stability.

The decision followed a warning from ANZ economists that property prices could slump by almost 15 per cent over this year and next, citing interest rates, low levels of affordability and the federal government’s property tax changes.

In a press conference on…

Read the full article at SMH.COM.AU