The RBA wants you to know that changes in household cash flow from interest rates gets too much attention relative to the modest overall impact on the economy and inflation.
Subscribe to gift this article
Gift 5 articles to anyone you choose each month when you subscribe.
Subscribe nowAlready a subscriber?
Every time the Reserve Bank of Australia changes interest rates, public commentary from central bank watchers focuses on how much in dollar terms it will affect the monthly cash flow of home borrowers.
For example, the 13 interest rate rises since May 2022 added more than $2000 to monthly payments for a borrower with a $1 million variable rate mortgage, Canstar calculates.
Fetching latest articles
Original URL: https://www.afr.com/policy/economy/rba-says-interest-rates-don-t-hit-households-as-hard-as-you-d-think-20250424-p5lu04
