House prices bounce back as RBA warns of more rate hikes to tackle inflation hurting low-income families
- House prices back to pre-rate hike levels as RBA warns of further increases
- Inflation being driven by strong demand for services like haircuts and dentistry
- RBA targeting "homegrown, demand-driven" inflation that will take years to fix
- Low income households suffering most from cost of living pressures
- RBA focused on economy-wide outcomes, not individual struggles