First homebuyers and renters feel the pinch as RBA hikes rates again | ABC NEWS
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Ray White's chief economist has warned the RBA’s rate hike will lead to a withdrawal of investor activity and increase rents across the country. Nerida Conisbee says there is a rental shortage in Sydney, with availability at a 10-year-low.She says the latest rate hike is also putting pressure on housing affordability, leading to a drawback in first homebuyer activity. Subscribe: http://ab.co/1svxLVE Read more here: https://www.abc.net.au/news/2026-09-30/labor-defends-spending-amid-high-inflation-rate-rise/107208962 Note: In most cases, our captions are auto-generated. #ABCNEWS #ABCNEWSAustralia
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