Reserve Bank of Australia Archives - Mortgage World Australia

Why are Interest Rates so High?

ByPatrick O'Brien August 15, 2023July 30, 2024

This Is Getting Out Of Hand And A Small Glimmer Of Good News – Why are Interest Rates so High in Australia? Why are Interest Rates so high and keep on rising? Banks are again revising the number of rate rises the RBA will make. Thanks to the minimum wage rise, there are a number…

Interest Rates | Reserve Bank of Australia

Will Interest Rates Decrease? – Sleep With One Eye Open…

ByPatrick O'Brien April 25, 2023July 30, 2024

Metallica fans are probably, singing “Gripping your pillow tight.” When I’m asked, “What do you think is going to happen with interest rates?” Sleep with one eye open is the best answer I have. Even after the pause in rises in April, there are still some drums beating for a May rise. There are roughly…