House prices surge; surprise inflation spike triggers rate fears; warning of higher rents
FEAR & GREED | Business News · Fear and Greed
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Show Notes
Thursday 1 June 2023
House prices rose in every capital city across the country in May, as the rebound in the mortgage market gathers steam.
Also today:
- The ASX tumbles as inflation figures hint at another rate rise.
- Reserve Bank Governor Philip Lowe warns that the rental market may get even tougher.
- Chipmaker Nvidia rides the AI boom to crack the $US1 trillion mark
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