Erudite Analysis in Troubled Times
The Money Café with Alan Kohler
00:00
The Importance of Rising Interest Rates
Inflation in Australia is still around 7% way above the target of 2.3%. Despite 12 raises the past year and a bit and counting, isn't this a sign that rates are still too low to bring inflation back down? The market expects at least one more rate hike, possibly two. We've got the highest household debt in the world, albeit manageable from a balance sheet point of view because no one else has compulsory super.
Transcript
Play full episode
