Connect with us

Business

ANZ executive warns surging house prices could spark interest rate rise – NEWS.com.au

ANZ executive warns surging house prices could spark interest rate rise

Published

on

Article feature image

The supply and demand shortage that has driven house prices through the roof is unlikely to end any time soon and could easily spark an interest rate hike, one of Australias big four bank executives says.ANZ chief executive Shayne Elliott says the current low interest rate levels have put home ownership front and centre in almost everyone’s mind.
That in turn has caused a major supply issue and sparked the surge in property prices across Australia, which has mainly been the only inflation within…

Click here to view the original article.

Continue Reading
Advertisement

You might also like ...

Article feature image
Vaccine targets and the impact of the blood clot advice: Key moments from latest COVID-19 committee hearing – ABC News
Article feature image
Producers ‘devastated’ as Australia Post decides to stop delivering perishable food – ABC News