No sign of a pause as 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.
In the latest episode of The Rate Debate, Darren Langer and I discuss how further rate hikes will impact the housing market, unemployment rate, and the wider economy.
Tune in next time
So, that's it for the month. If you ever want to suggest topics or discuss further anything with Darren or I, we can be contacted at email@example.com.
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Chris is responsible for portfolio management, including portfolio construction and trading for various Australian fixed income portfolios including the Nikko AM Australian Bond Fund at Yarra Capital Management (Nikko AM was acquired by Yarra...