Read the full story at ABC Online.
Reserve Bank interest rate moves limited by high debt, rising house prices
Reserve Bank governor Philip Lowe has revealed the central dilemma the Reserve Bank confronts — it would like lower interest rates to boost the economy, but it cannot cut rates because it would add further fuel to the hot Sydney and Melbourne property markets.
by Shared by ABC Online. | 22 Feb, 2017
Most Read
Fixing Australia’s housing crisis from the ground up
3 February, 2025
Healthier employees make better workplaces
28 January, 2025
The ‘scamdemic’ impacting everyone
27 January, 2025
The good, the bad, and the uncertain of Australia’s economic outlook
20 January, 2025
How to make accounting education fun and students job ready
17 December, 2024
Making the world go round: what exactly is money?
16 December, 2024