Reserve Bank's Michele Bullock confident households can withstand more rate rises

Gerard Cockburn
By Gerard Cockburn
Updated July 19 2022 - 9:13pm, first published 7:30pm

Australia's central bank is confident households will be able to absorb the cost of rising interest rates, but remains cautious about the high debt-to-income levels brought on by the recent property boom.

Advertisement

Ad

Get the latest Canberra news in your inbox

Sign up for our newsletter to stay up to date.

We care about the protection of your data. Read our Privacy Policy.