Should RBA raise rates to prepare households for higher global rates

Should the RBA raise rates to prepare households for higher global rates?

Should the RBA raise rates to prepare households for higher global rates? Key Points The RBA should avoid calls to raise interest rates prematurely just to prepare households for higher global rates. Such a move would be Iike shooting yourself in the foot in order to practice going to the hospital.. Nor should the RBA mess with the inflation target that has served Australia well. We don’t see it doing either and continue to see …

FinancialPartners 28/06/2018 20/08/2018 Blog / E - Oliver's Insights Bottom line / Global / higher / higher rates / higher rates makes no sense / households / Inflation / inflation target / Interest / Interest rates / makes no sense / prepare / raise / raise rates / Raising rates / rates / RBA / Should / Should the RBA raise rates to prepare households for higher global rates? / target

Are Australian households more vulnerable than we think?

Are Australian households more vulnerable than we think? A lot has been said and written about Australia’s household debt levels and possible implications on the banking system and the economy more broadly. But could Australian households be even more constrained than the headline numbers are suggesting? Michele Bullock, the Reserve Bank of Australia’s Assistant Governor, highlights the stresses households will likely be facing well before any rise official interest rate materialises in this speech. Bullock points …

FinancialPartners 22/02/2018 20/08/2018 Blog / E - Insights Papers / FP - Credit & Finance Are Australian households more vulnerable than we think? / Australian / households / more / than / Think / Vulnerable