Tuesday, September 6, 2022

Reserve Bank on track for another supersized interest rate hike. Stamp duty "rivers of gold" driving up for state gov't coffers

All eyes will be on the Reserve Bank this afternoon which is widely expected to deliver more interest rates pain and the fifth consecutive hike since May.

The rising cost of servicing a mortgage is also becoming a headache for state governments with stamp duty from property sales heading south as buyers become more cautious.

I speak with Sabra Lane on AM

I also spoke with Chris Mitchell on ABC Newsradio

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