Rate hikes unlikely after inflation slows, housing market splits, Rio’s bumper $9b profit

Thursday 1 August 2024 Interest rate hikes are off the table after inflation shows signs of slowing. And more, including: The housing market splits into two, with the smaller capital cities soaring as most of the rest of the country sags Rio Tinto kicks off reporting season with a bumper $9 billion half year profit And about 600 jobs are at risk following the collapse of Rex Plus don’t miss the latest episode of How Do They Afford That? - debt repayment strategies, from the debt snowball to the debt avalanche. 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.