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Financial IntermediariesAustralia is at, or close to the end, of the fastest monetary policy tightening cycle since the late 1980s. Every economic cycle is unique, but most would have expected a greater impact on the economy from higher interest rates by now, particularly given Australian households are among the most indebted in the world. In this month’s Market Insight, we look under the hood of the Australian economy to see the winners and losers from this rate hiking cycle.
Australia is at, or close to the end, of the fastest monetary policy tightening cycle since the late 1980s. Every economic cycle is unique, but most would have expected a greater impact on the economy from higher interest rates by now, particularly given Australian households are among the most indebted in the world. In this month’s Market Insight, we look under the hood of the Australian economy to see the winners and losers from this rate hiking cycle.
Australia is at, or close to the end, of the fastest monetary policy tightening cycle since the late 1980s. Every economic cycle is unique, but most would have expected a greater impact on the economy from higher interest rates by now, particularly given Australian households are among the most indebted in the world. In this month’s Market Insight, we look under the hood of the Australian economy to see the winners and losers from this rate hiking cycle.