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When will interest rates come down?

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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 Seidler
Producer: Nandini Dhir and Orla Maher

 

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