• 11/14/2024

Australian Households Riding Out Pain of Soaring Rates, RBA Says

Wall Street Journal

Australia’s highly-indebted households appear well-placed to continue riding out the pain of high interest rates and soaring living costs, with even the most vulnerable in a position to continue servicing mortgages, the Reserve Bank of Australia said.

https://www.wsj.com/articles/australian-households-riding-out-pain-of-soaring-rates-rba-says-241d053f