A lack of data on how consumers are responding to monetary policy could lead the Reserve Bank to raise rates into a recession. And what if that's difficult to escape? It's a critical economic question right now, writes David Taylor.
I don’t know what the structural fix is but, do they simply step in and say variable mortgage rates are now an unfair term in the loan contract and require a min 2 year fixed rate or something? Just workshopping this really, I can already imagine some unintended consequences
I don’t know what the structural fix is but, do they simply step in and say variable mortgage rates are now an unfair term in the loan contract and require a min 2 year fixed rate or something? Just workshopping this really, I can already imagine some unintended consequences