The cash rate in Australia has never been lower and most mortgage holders are paying a lot less on their loans than they were a year ago. With banks being urged to lend more and consumers and business being urged to borrow, how likely are we to see rapid interest rate rises and will they ever get back to double digits?
That’s exactly what we’re chatting about in our Facebook LIVE with Nerida Conisbee, Chief Economist for REA Group.
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