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AAP
AAP
Business
Jacob Shteyman

House price falls weighing on economic growth, RBA says

RBA Reserve Bank Economy Housing Market Inflation Australia
Weaker housing market conditions will weigh on GDP growth in 2026, according to the central bank. (Christopher Hopkins/AAP PHOTOS)

The data centre boom is expected to boost Australia's economy even as the deteriorating housing market weakens consumption, the Reserve Bank says.

In an updated set of forecasts released on Tuesday as it held the cash rate at 4.35 per cent, economists at the central bank said weaker housing market conditions would weigh on GDP growth in 2026.

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