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Australians punished most by rising interest rates

March 8, 2024 - 10:00 -- Admin

Interesting charts by Justin Fabo at Antipodean Macro demonstrate how Australians have been particularly hard-hit by rising mortgage rates. Although average interest rates on new housing loans have risen to around the average of developed nations: The average interest rate on outstanding housing loans is among the highest in the developed world, behind Norway: Separate

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