ANZ Predicts Delay in Rate Cuts, Warning of Mortgage Stress in Australia
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#aac29bac ver:0.26

ANZ predicts delay in rate cuts in Australia until 2025 due to strong household consumption and job market, warns of mortgage stress. RBA governor warns of potential interest rate hike. Mortgage stress rising amid cost of living pressures, but most borrowers meeting repayments. ASIC data shows hardship notices up 54%. IMF study shows Australia sensitive to monetary policy, with factors contributing to resilience wearing thin. Struggling mortgage holders offered assistance, but constrained housing supply and low savings pose challenges. Rate cuts needed to prevent recession. #Australia #economy #mortgagestress #interestrates...

#newstr #Anz #InterestRates #MortgageStress #HousingMarket #AustralianEconomy #Recession 

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