Australia - Demand for luxury supercars "through the roof"

This in the local media (The Australian) in Australia on the day that the data shows surging inflation and pricing for an RBA rate hike on November 7 has surged in response:

Perhaps a +50bp rate rise in November would be better?

Earlier:

• Australian Q3 2023 Headline CPI +1.2% q/q (vs. 1.1% expected)
• Australia - market is rapidly pricing in a November rate hike after surging inflation data
• ANZ forecasts a 25bp RBA interest rate hike on November 7 (previous forecast was December)