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Clumsy RBA Messaging Raises Risks For Indebted Australian Households
"Global inflation remains very high," the RBA said Tuesday. "It will be some time before inflation i
From an AMP Capital report:
Australia has the highest exposure to mortgages vulnerable to rate changes across comparable global countries… with 93% of loans vulnerable to rising rates (compared to 55% in New Zealand, 42% in UK, 24% in Canada and 1% in US).