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RBA Assistant Governor Sarah Hunter told 60 Minutes this year's four rate rises have 'not quite yet' done the job, oil costs are embedding in supply chains including construction, and falling house prices are not causing systemic financial stress. The cash rate is 4.60% ahead of 3 November.
Deputy Governor Andrew Hauser told a Citi conference on 21 October that the inflation outlook looks materially worse than the RBA projected in August, framing the 3 November meeting as a hard choice between more tightening and protecting the labour market. The cash rate is 4.60%.
Commonwealth, state and territory housing, planning and building ministers committed on 16 October to modernise the National Construction Code, with a simpler digital code, fewer state variations, tougher cost-benefit tests and easier pathways for modular and prefabricated homes.