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Australian borrowers in good shape to weather higher interest rates, ANZ's Shayne Elliott says

Por: CNBC Business October 28, 2022

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watch nowVIDEO3:3403:34Retail customers are going into an uncertain period in 'very robust shape': ANZMany Australian borrowers are ahead on their mortgage repayments, and this should cushion them from a hard landing as interest rates rise, according to Shayne Elliott, chief executive officer at major Australian bank, ANZ. The Reserve Bank of Australia has hiked the official cash rate six times in a row this year to 2.6%, forcing up... + full article



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