Inflation off the lot: More rate rises to weigh down speeding economy - Sydney Morning Herald


5/6/2022 12:00:00 AM2 years 11 months ago
by Shane Wright, Rachel Clun

Used cars are supposed to get cheaper, but inflation pressures are pushing up their prices, the cost of living and now interest rates.

Reserve Bank governor Philip Lowe may not know the exact price of a second-hand 2010 Subaru Forester, but the RBAs decision to lift interest rates for the first time since that Subaru hit the road wa… [+7607 chars]

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