Australian banks Australian interest rates Featured Article

Australia’s little financial crisis builds

Thursday, 28 June 2018

Headlining the AFR today:

The Reserve Bank of Australia is at risk of being increasingly sidelined in its fight to shield debt-loaded households against rising borrowing costs as tightening money markets threaten

ANZ Bank interest-rate strategist Martin Whetton blames the rise in money market rates on a confluence of factors.

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About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.