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RBA Warns: Durable Goods Surge Sparks Inflation Concerns

2/15/2026

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Story summary
  • The Reserve Bank of Australia observed a surge in durable goods spending, driven by employment and rate cuts.
  • Demand for fridges and vehicles rose, contributing to inflation concerns that led the RBA to raise rates.
  • Consumers over 55 are spending more on travel and events, unlike past cuts during strain.
  • The RBA warns that durable goods may indicate resilience, but their inflation impact remains uncertain, and sales suggest waning enthusiasm.