Inflation surge puts spotlight on housing market

, the impact of rate rises is less about when they start and more about how high the cash rate needs to go in the next few years.Jarden’s chief economist Carlos Cacho, for example, now expects rates to hit 2 per cent next year, up from 1.5 per cent.

Thieliant describes households, which hold twice as much debt as businesses, as the economy’s weakest link. Thieliant sees reason to be optimistic. First, he says the structure of variable loans means households will be provided with a cushion as banks lower principal repayments.

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Madonna puts The Weeknd’s former LA estate on the market for $36 million - realestate.com.auMusic icon Madonna is down on her knees wishing on her lucky star to successfully flip this Los Angeles-area mansion for a big profit, after adding a dance studio and other features.
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