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Reserve Bank of Australia
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- 1
RBA Governor Michele Bullock, head of Australia's central bank, has said that the era of low interest rates is over, according to a 9 News Australia report trending on YouTube. The claim suggests Australians should not expect borrowing costs to return to the very low levels seen in recent years. Viewers appear to be engaging heavily with the story, likely reflecting concern about mortgages and the cost of living, though the evidence consists mainly of the headline itself.
- 2Big four banks unanimous RBA will lift rates next week●Big four banks now unanimous the RBA will lift rates next week | Finance Report | ABC NEWS
Australia's four major banks now all expect the Reserve Bank of Australia to raise interest rates at its next meeting, according to ABC News' finance report. The unanimous forecast marks a shift in market expectations, and borrowers are watching closely as economists debate how far the central bank will go to curb inflation.