In this bonus episode, host Annie Kane is joined by leading Australian economist Christopher Joye to discuss whether the Reserve Bank will drop the official cash rate to a new record low on Tuesday and what that would mean for mortgages. But, as Annie and Christopher explain, the cash rate is not the only lever that the RBA and the regulators could pull to ensure mortgages remain affordable.
This week they discuss...
- The reasons for and against the RBA cutting the rate on Tuesday
- The likelihood of lenders passing on any rate reduction to borrowers
- What the economy could look like under a Liberal or Labor government
Will Australia see its first rate movement in 2 years next week?
The Third-Party Lending Report in summary
What drops in fixed rates may mean for the mortgage market
A tale of two budgets
Coalition government and CBA delays