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Ep16: Are we heading for a debt trap?
Manage episode 291620143 series 2709335
The government's policies have been focused on spending and have encouraged Australians to borrow more, driving strong credit growth. However, the more indebted Australians are, the harder it is for the RBA to increase interest rates. In episode 16 of The Rate Debate, Darren Langer and Chris Rands discuss whether Australia could fall into a potential debt trap of low growth, low-interest rates, and no inflation if the RBA gets it wrong.
50 episodes
Manage episode 291620143 series 2709335
The government's policies have been focused on spending and have encouraged Australians to borrow more, driving strong credit growth. However, the more indebted Australians are, the harder it is for the RBA to increase interest rates. In episode 16 of The Rate Debate, Darren Langer and Chris Rands discuss whether Australia could fall into a potential debt trap of low growth, low-interest rates, and no inflation if the RBA gets it wrong.
50 episodes
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