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Australia - Demand for luxury supercars "through the roof"

Eamonn Sheridan
25/10/2023 | 02:27 GMT

This in the local media (The Australian) in Australia on the day that the data shows surging inflation and pricing for an RBA rate hike on November 7 has surged in response:

Australia rba supercar

Perhaps a +50bp rate rise in November would be better?

Earlier:

  • Australian Q3 2023 Headline CPI +1.2% q/q (vs. 1.1% expected)
  • Australia - market is rapidly pricing in a November rate hike after surging inflation data
  • ANZ forecasts a 25bp RBA interest rate hike on November 7 (previous forecast was December)

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