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Potential RBA rate hike to slash property buyers’ borrowing capacity
May 4, 2026
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REA Group Senior Economist Eleanor Creagh believes the RBA will raise interest rates this week, reducing the maximum borrowing capacity for potential property buyers. “The amount that buyers can or are willing to beat up home prices is lower,” Ms Creagh told Sky News Business Editor Ross Greenwood. “We’re certainly going to see rising interest rates putting downward pressure on property prices.” In partnership with realestate.com.au.
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Sky News Australia
Coverage and analysis from Australia. All insights are generated by our AI narrative analysis engine.
Australia
Bias: right
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