When will interest rates come down?

Borrowing money in Australia is expensive at the moment because of high interest rates.Central banks around the world are lowering interest rates, but Australia hasn’t moved from 4.35% since November last year.The Greens are urging the Government to use its legal power to florce the RBA to lower rates, a tool which has never been used.In today’s deep dive, we’ll discuss how long it’s going to be before mortgage holders get some relief.

Hosts: Harry Sekulich and Zara Seidler
Producer: Nandini Dhir and Orla Maher

 

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https://omny.fm/shows/the-daily-aus/when-will-interest-rates-come-down/embed1053Tue, 24 Sep 2024 19:00:00 +0000

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