Business
Beware the inflation monster: Time to lock in your mortgage rate? – Sydney Morning Herald
Financial markets are betting interest rates will rise in one or two years. However, money markets indicate the rate cycle could turn before Christmas.
We also have labour shortages some workers are not available to work because they appear happy on JobSeeker payments. Others because they cannot get into Australia because of border closures. Material shortages are also prevalent due to transport delays.
The bottom line is that if inflation is looming large this eventually means that interest rates will have to rise.
Now I know that Reserve Bank of Australia governor Philip Lowe has told us that there will be no official rate rises until at least…
-
General19 hours agoAccused of Antisemitism: Herald Sun, Israel lobby v Dandenong Clr Rhonda Garad
-
Noosa News18 hours agoMitch Power Quick Shear event gets men talking about mental health
-
General21 hours agoThailand punches above its weight in film creativity and cross-border appeal. Here’s why
-
General13 hours agoAFL Round 18 live updates: Bulldogs vs Crows, Giants vs Cats, Tigers vs Bombers, Dockers vs Hawks — blog, scores and stats