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Hopes rate hikes on pause; could house prices fall 10pc; SpaceX $US2 trillion IPO

Published May 21, 2026

Friday 22 May 2026

A surprise jump in the unemployment rate has raised hopes that the Reserve bank will hold back on lifting interest rates. 

  • Virgin scraps flights as it looks to save on fuel costs
  • Elon Musk’s SpaceX set to hit the share market with a valuation of $2 trillion
  • Warnings that house prices could fall ten per cent
  • The AFL footballer who is likely to make more in one game tomorrow, than his annual salary in most years

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