EPISODE · Apr 8, 2024 · 7 MIN
Rate rises hurt Australian borrowers more than global peers on fixed loans - IMF report
from Peter Ryan_ABC News Soundcloud · host Peter Ryan
The International Monetary Fund says Austrailian borrowers are more sensitve to interest rate rises with more than 80 percent on variable rather than fixed loans. And former National Australia Bank CEO Andrew Thorburn - outsted after the findings of the banking royal commission - has made a comeback as CEO of the aged care provider HammondCare.
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Rate rises hurt Australian borrowers more than global peers on fixed loans - IMF report
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