Australia has witnessed the largest interest rate hiking cycle since the late 1980s, with rates today up by a total of 400 basis points over 14 months. AMP's Deputy Chief Economist Diana Mousina takes a closer look at what the impact has been on borrowers, the number of households in negative equity and how to measure levels of mortgage stress. Diana also examines where to from here for rate hikes and what the outlook for consumers is over the next 12 months.
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This podcast is general in nature and hasn’t taken your circumstances into account. It’s important you consider your personal circumstances and speak to a financial adviser before deciding what’s right for you. Any general tax information provided is intended as a guide only. Remember the value of investments may go up or down and you may not get back the amount you invested. The opinions and views featured in this podcast reflect the individual’s own. Date of publication 23 October 2023. AWM Services Pty Ltd ABN 15 139 353 496, AFSL No. 366121, part of the AMP Group.
