ANZ Predicts Delay in Rate Cuts, Warning of Mortgage Stress in Australia
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#aac29bac ver:0.27

ANZ predicts delay in rate cuts until 2025 due to strong household consumption and job market, warns of mortgage stress in Australia. RBA governor hints at potential interest rate hike. Mortgage stress rising amid cost of living pressures, but majority meeting repayments. ASIC reports 54% increase in hardship notices. IMF study shows Australia's sensitivity to monetary policy. Resilience wearing thin with struggling mortgage holders and constrained housing supply. Rate cuts needed to prevent recession. Australians feel finances worsening, real income sliding. Tax cuts may boost confidence. #Australia #InterestRates #MortgageStress #Resilience #Economy...

#newstr #Anz #InterestRates #MortgageStress #Asic #AustralianEconomy #HousingMarket #Recession #Inflation #TaxCuts 

 https://here.news/story/aac29bac?ver=0.27