House prices surge; surprise inflation spike triggers rate fears; warning of higher rents
FEAR & GREED | Business News
<p><strong>Thursday 1 June 2023</strong></p>
<p><strong>House prices rose in every capital city across the country in May, as the rebound in the mortgage market gathers steam. </strong></p>
<p>Also today:</p>
<ul>
<li>The ASX tumbles as inflation figures hint at another rate rise.</li>
<li>Reserve Bank Governor Philip Lowe warns that the rental market may get even tougher.</li>
<li>Chipmaker Nvidia rides the AI boom to crack the $US1 trillion mark</li>
</ul>
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<p><strong>Plus don’t miss the latest episode of How Do They Afford That?</strong></p>
<p><strong>This week is about life insurance: how much is enough, and how does it work? Get the episode from</strong><a href="https://podcasts.apple.com/au/podcast/how-do-they-afford-that/id1644255235" rel="nofollow"><strong> </strong><strong>APPLE</strong></a><strong>,</strong><a href="https://open.spotify.com/show/1EW5WRlRh7MovSBNkk6dG8?si=b2203ec2fa934a14" rel="nofollow"><strong> </strong><strong>SPOTIFY</strong></a><strong>, or anywhere you listen to podcasts.</strong></p>
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