Sally Tindall

I do think that there'll be another hike.

I do think it'll be another double hike.

The RBA has said that they're prepared to do what it takes to get that inflation genie back in the bottle.

And the faster they move on this...

move early, the more likelihood they are being able to clamp down inflation.

It can really, you know, get a life of its own if you don't act quickly.

And that's what the RBA is doing.

Yes, as we said, people are rattled by these quick hikes, but the cash rate is still only at 1.85% historically.

That's still relatively low.

And certainly, even when you look at the retail spending, again, it was up in June, which is, you know, pretty surprising considering at that point in time we'd had two rate hikes.

I do think it'll start dropping back in July, but there aren't huge signs that we're all cracking under pressure just yet.

No, we're not there at the moment.

I mean, I guess the good thing is that, you know, rising cash rate is happening against a backdrop of, you know, unemployment levels that haven't been seen in decades.

You know, we're sitting at 3.5 and forecast to drop even further in the next set of data.

So, you know, it is actually a good time to get a job, particularly if you lose your job, you can ideally find another one.

Regardless of what the environment is, if you are thinking about being a guarantor for your children or if she's on the other foot and you're someone that's hoping to get into the property market and asking your mum and dad to step up for you, then it's a really good conversation to have.

People need to understand what they're committing to when they do sign on as a

can't make the mortgage repayments the bank will turn to you to step up and make it for them and that can put a strain not only on both sets of finances but also on that relationship and so it's really a good idea to get independent financial advice and independent legal advice before becoming a guarantor.

It's interesting to see property prices at the moment.

Certainly Sydney and Melbourne, they've been dropping for a number of months now and that trend is very clear.