RBA - Updates to housing forecasts

Question

Senator BRAGG: As per these documents, your forecasts suggest that we won't get to 1.2 million. Have your forecasts changed since these documents were prepared internally? Ms Bullock: I think that's what Sarah is saying. Dr Hunter: Yes, they have. The forecasts are updated once a quarter. The core forecasts are updated once a quarter and released in the SMP. As I said, I would have to go away and check the dates on these documents and on those particular numbers. But they are not from May 2026, so they are not consistent with our latest forecast. So, yes, the forecasts change. CHAIR: You are at nine minutes, Senator Bragg. Senator BRAGG: Can you get those to us on notice. Dr Hunter: The dates for these documents? Yes, I think we can provide those to you.

Answer

See attached response.

Documents

• Question with answer (PDF) (opens in a new tab)
• RBA - Senator Bragg - Questions on Notice - 4 June 2026.PDF (opens in a new tab)