Real-world ramifications of rising rates

There’s still more gas in the Reserve Bank of Australia’s (RBA) rate tank if economic indicators continue the way they are going. So where to from here for Aussie borrowers?

Peter White AM, the managing director of Finance Brokers Association of Australia (FBAA), sits down with host Grace Ormsby to run through the “real” impacts of the current rising rate environment, expressing his disappointment in the RBA’s lag and lack of current data indicators.

Peter reflects on the resilience of Australia’s investors over the past 18 months before pointing out the potential for more pain in 2023 before rates begin to subside and optimism returns to the property market.