Australia’s mortgage mountain a deadweight on spending – c.bank research
Australia’s mountain of mortgage
debt is an even greater deadweight on consumer spending than
previously thought, a central bank paper argued on Thursday,
suggesting recent rate cuts might not be enough on their own to
revive activity.
debt is an even greater deadweight on consumer spending than
previously thought, a central bank paper argued on Thursday,
suggesting recent rate cuts might not be enough on their own to
revive activity.
Posted by Reuters
