Inflation prompts rate fears; Domain: house prices set to fall; record heatwave hits Europe

A jump in inflation opens the door to another interest rate hike.  Domain forecasts a drop in house prices in Sydney, Melbourne and Canberra, and a slowdown in growth elsewhere More than 1,200 cargo ships carrying goods worth an estimated $US125bn, or $180 billion Aussie dollars, remain stranded in the Strait of Hormuz A third case of bird flu detected, this time in South Australia One of the worst heatwaves on record hits Europe.    We’re running a short survey to hear from you, with the team at Fonto. It only takes a few minutes, and you can be in the running to win a $3,000 Luxury Escapes voucher.   Hit follow on the podcast so you don’t miss the latest news, and join our free daily newsletter here   And don’t miss the latest episode of How Do They Afford That? - the five-year test for your money. Get the episode from Apple, Spotify or anywhere you listen to podcasts.Find out more: https://fearandgreed.com.au/See omnystudio.com/listener for privacy information.