Wow....
Shows how they left interest rates far too low,
For far too long,
Which fueled increases in House Prices contributing to the Housing Affordability crisis.
Interest rates averaged 6.8% from 1990 - 2022
There will likely have to be more rises to keep that average,
As it has been lower than average for too long....
CBA,
NAB,
And Bank stocks in general....
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- Afternoon trading March 7
Afternoon trading March 7, page-37
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