RBA rate rises are like the Matildas’ fortunes – improving but with further challenges ahead

9 months ago 24

Whether the RBA remains settled – and stressed borrowers can finally start to relax – depends on a few results we won’t know for a while at least

If the Reserve Bank board were the Matildas, Australia would be leading 1-0 at half-time with a good chance of securing the win if the second half goes as planned.

At the risk of overdoing sporting parallels, the central bank is happy with the way the economy is trending and sees no need yet for radical substitutions (calf injuries or not).

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