Episode 31: Tuesday 6th September 2022
No sign of pause from the RBA as the risk of mortgage stress intensifies
Australia’s central bank has now raised interest rates five months in a row. It’s the most aggressive tightening cycle since 1994. With more hikes expected, and house prices in Sydney and Melbourne on the slide, cracks are starting to appear.
Chris and Darren discuss how further rate hikes will impact the housing market, unemployment rate, and the wider economy in episode 31 of The Rate Debate.