Why interest rates needed to rise - and still do

Interest rates are on the rise and homeowners with mortgages are panicking that repayments on their loans will increase. Speaking with Around SA radio presenter Inga Milosic, Australian Taxpayers’ Alliance Chief Economist Dr John Humphreys explains why interest rates needed to increase; why low interest rates are unsustainable; and how monetary policy is tied to the cost of living. The interview was aired across five South Australian radio stations, including Around SA, 5MU, 5AU, 5CS, and 5RM.

LISTEN TO THE INTERVIEW:

John HumphreysAround SA, 5MU, 5RM, 5AU, 5CS, Interest rates, ATA economist, Dr John Humphreys