Mortgage-stressed households still "doing fine" as Michele Bullock points to "political noise" episode artwork

EPISODE · Nov 28, 2023 · 5 MIN

Mortgage-stressed households still "doing fine" as Michele Bullock points to "political noise"

from Peter Ryan_ABC News Soundcloud · host Peter Ryan

It might not feel like it for some listeners at the moment, but Australian households are "doing fine" despite aggressive interest rate rises from the Reserve Bank. That's the assurance from RBA governor Michele Bullock who's conceded that 13 rate hikes since May last year have created a lot of "political noise" from borrowers who are now feeling the pressure.

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Mortgage-stressed households still "doing fine" as Michele Bullock points to "political noise"

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