No interest rate cut in the near term and you may have to sell your house: key takeaways from RBA governor’s speech

Selling would be bad news for struggling homeowners, but Michele Bullock likely thinks a long period of high inflation would be worse Follow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastThe Reserve Bank governor, Michele Bullock, has warned some Australians may have to sell their homes in her first public comments on the state of the economy since the release on Wednesday of June quarter GDP figures.Here are five key takeaways from Bullock’s speech on Thursday to the Anika Foundation fundraising lunch in Sydney. Continue reading...