Business
Goodbye TFF, goodbye supercheap mortgages – MacroBusiness
The RBA is nowhere near tightening monetary policy. The major reason is that unemployment is still far too high and wages plus inflation far too low. To get those prices up the RBA will keep the pedal to the metal.
Or will it? Actually, no. Another reason why we won’t see any kind of move in the cash rate in the foreseeable future is that real mortgage rates are about to rise. Indeed they already are. Why?
Westpac has more:
What happens once the TFF is no longer available? The market is very interested…
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