House prices surge; surprise inflation spike triggers rate fears; warning of higher rents

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 Click here to donate to JDRF's Giving Day, where every donation is matched dollar for dollar. Plus don’t miss the latest episode of How Do They Afford That? This week is about life insurance: how much is enough, and how does it work? Get the episode from APPLE , SPOTIFY , or anywhere you listen to podcasts. Find out more: https://fearandgreed.com.au/ See omnystudio.com/listener for privacy information.