Bank of Queensland hikes mortgage interest rates
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Ruh roh:
Sign of things to come?
Bank of Queensland to lift variable home loan rates from July 2nd:
+0.09% owner occupier P&I
+0.15% owner occupier interest only
+0.15% investor loans
+0.1% lines of credit#auzbiz #property— RICARDO GONÇALVES (@BUSINESSricardo) June 25, 2018
Front and back book. Majors are next. The RBA has lost control.
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.