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’s rate hasn’t moved from 4.35% since November last year. The Greens are urging the Government to use its legal power to force the RBA to lower rates, a tool which has never been used. In today’s deep dive, we’ll look at how long it’ll be until mortgage holders feel some relief.
Hosts: Harry Sekulich and Zara Seidler
Producer: Nandini Dhir and Orla Maher
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