What does the Reserve Bank think of current Australian economy

Reserve Bank of Australia (RBA) Governor Michele Bullock delivers a speech on the costs of high inflation (AAP).

Reserve Bank of Australia (RBA) Governor Michele Bullock delivers a speech on the costs of high inflation (AAP). Source: AAP / BIANCA DE MARCHI/AAPIMAGE

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The Reserve Bank Australia has warned some homeowners may have to sell their properties because of the economic conditions.


The central bank governor has delivered a speech justifying the decision to keep interest rates on hold, in an attempt to keep driving inflation down. But as reported, she has left the door open to more rate increases if required.

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