Aug 13, 2026 – 1.45pmReserve Bank of Australia assistant governor Chris Kent says the softening housing market, partly caused by the federal government’s tax changes, reduces pressure on the central bank to increase interest rates.But the artificial intelligence boom, particularly data centre construction, was working in the opposite direction by putting upward pressure on inflation and interest rates, he said.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles