The massive build-out has contributed to a big upgrade in the central bank’s outlook for business investment, despite weak confidence in the private sector.

The RBA decision came after ANZ warned that property prices could slump by almost 15 per cent over this year and next, citing interest rates, low affordability and the…

The RBA is no better at forecasting than the private sector astrologists at major banks masquerading as so-called “market economists”.