Westpac's Forecast Impact on Aussie Mortgage Holders: Expert Analysis
Friday, 21 June 2024, 06:05
Westpac's Forecast Analysis
In the latest forecast, Westpac senior economist Pat Bustamante discusses the implications of record-high immigration on interest rates.
Expert Warning
Government spending to manage population growth could result in delays in rate cuts.
Key Points:
- Record-high immigration impacting interest rate decisions.
- Government spending affecting rate cuts.
The forecast highlights the challenges facing Aussie mortgage holders in the current economic landscape.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.