Jun 12, 2026 – 11.17amBank economists are tipping interest rate rises are over and the next move will be down, as a former Reserve Bank of Australia deputy governor warns the housing market faces headwinds from the government’s tax changes.HSBC on Friday joined NAB in predicting the RBA would not move beyond its three interest rate rises this year and would be on a long hold before cutting rates next year.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles