When will interest rates come down?

Borrowing money in Australia is expensive at the moment because of high interest rates.Central banks around the world are lowering interest rates, but Australia hasn’t moved from 4.35% since November last year.The Greens are urging the Government to use its legal power to florce the RBA to lower rates, a tool which has never been used.In today’s deep dive, we’ll discuss how long it’s going to be before mortgage holders get some relief. Hosts: Harry Sekulich and Zara SeidlerProducer: Nandini Dhir and Orla Maher   The Daily Aus is a media company focused on delivering accessible and digestible news to young people. We are completely independent. If you’d like to support us, the best way to do that is to click ‘follow’ on Spotify or Apple and to leave us a five-star review. Also, telling a friend about TDA always helps! Want more from TDA?Subscribe to The Daily Aus newsletterSubscribe to The Daily Aus’ YouTube ChannelHave feedback for us?We’re always looking for new ways to improve what we do. If you’ve got feedback, we’re all ears. Tell us here.See omnystudio.com/listener for privacy information.See omnystudio.com/listener for privacy information.