Reading between the lines of the RBA

On this episode of the Smart Property Investment Show, host Grace Ormsby sits down with Shane Oliver, the head of investment strategy and chief economist at AMP, who examines the full scope of what the RBA’s cash rate calls are doing to Australia’s economy and outlines why a 6 per cent mortgage rate today might feel the same as the 17 per cent rate of 1989, given the average Australian’s financial situation.

The duo also discusses the deluge of information coming from the RBA and why it can be hard to understand for the everyday borrower. Shane dives into the data to spell out what could be in store for the year ahead.

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