There could be some financial relief in sight for struggling mortgage holders, with the head of the Reserve Bank hinting rates could soon come down.
The RBA has predicted inflation will drop to their target level at three per cent, within the next two years.
RBA governor Glenn Stevens says the bank may cut interest rates before that.
"You shouldn't be waiting until it's really obvious inflation's gone all the way back down to where we would like to to be before you conclude you've got a start easing.
"You should be easing before that day, just as you should be tightening before the day that inflation clearly gets going."