The Impact of the RBA's Rate Raising on Australia's Economy

New Zealand is a bit of a crash test dummy, because they've been raising rates so hard. The interesting thing in New Zealand is where Australia has mainly variable mortgage rates. And it's probably the only surprise is this that New Zealand hasn't quite got to this technical recession sooner. Philip Lowe 90 days away from end of his tenure, everything is suggesting that it would be very, very hard for the feds to keep him there.