Reserve bank to further increase interest rates in Australia | 7NEWS

7NEWS Australia published this video item, entitled “Reserve bank to further increase interest rates in Australia | 7NEWS” – below is their description.

Economists are tipping that the reserve bank will increase interest rates on Tuesday, putting more downward pressure on real estate prices in Sydney and while that provides fresh hope for those trying to break into the property market, it’s also tougher to borrow money.

More: https://7news.link/FixedRateRise

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7NEWS Australia YouTube Channel

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About This Source - 7NEWS Australia

Seven News is the television news service of the Seven Network and, as of 2016, the highest-rating in Australia. The news service draws upon overseas channels for select international coverage. The network’s Director of News and Current Affairs is Craig McPherson.

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Australia, officially known as the Commonwealth of Australia, is a sovereign country comprising the mainland of the Australian continent, the island of Tasmania, and numerous smaller islands. It is the largest country in Oceania and the world’s sixth-largest country by total area.

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Sydney, capital of New South Wales and one of Australia‘s largest cities, is best known for its harbourfront Sydney Opera House, with a distinctive sail-like design.

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