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Westpac IQ

An RBA peak of greater conviction

November 13 2026 • 7 mins

We already believed the RBA cash rate was likely at a peak, even if RBA officials were less convinced. A deeper housing downturn and early signs of cracks in the consumer sector point to an even softer 2027. Fading inflation risks from oil also boost our conviction on rates being at a peak.

Luci Ellis

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