Industry Focus

Real Estate • Issue 3

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ECONOMICS Past performance is not a reliable indicator of future performance. The forecasts given above are predictive in character. While every effort has been taken to ensure that the assumptions on which the forecasts are based are reasonable, the forecasts may be affected by incorrect assumptions, or by known or unknown risks and uncertainties. The results ultimately achieved may differ substantially from these forecasts. Chart 1. RBA cash rate, 3-year swap Chart 2. 10-year bonds Chart 3. Consumer and business confidence: in retreat Chart 4. Core inflation up in Q4 on lower AUD Chart 5. Dwelling approvals: +30%yr, trend Chart 6. Credit growth Australian interest rates Real Estate Services • Issue 3 13

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