We read with interest comments from ANZ Bank CEO Shane Elliot over the weekend, saying that future rate rises will hit borrowers harder and differently than recent rises. The incremental impact of rate rises has somewhat been absorbed by the major Australian banks so far, which shows that borrowers are in a strong position.
Rate rises if pushed too far will cause cracks
Rate rises if pushed too far will cause…
Rate rises if pushed too far will cause cracks
We read with interest comments from ANZ Bank CEO Shane Elliot over the weekend, saying that future rate rises will hit borrowers harder and differently than recent rises. The incremental impact of rate rises has somewhat been absorbed by the major Australian banks so far, which shows that borrowers are in a strong position.