this post was submitted on 04 Jul 2023
54 points (100.0% liked)

Australia

3620 readers
162 users here now

A place to discuss Australia and important Australian issues.

Before you post:

If you're posting anything related to:

If you're posting Australian News (not opinion or discussion pieces) post it to Australian News

Rules

This community is run under the rules of aussie.zone. In addition to those rules:

Banner Photo

Congratulations to @Tau@aussie.zone who had the most upvoted submission to our banner photo competition

Recommended and Related Communities

Be sure to check out and subscribe to our related communities on aussie.zone:

Plus other communities for sport and major cities.

https://aussie.zone/communities

Moderation

Since Kbin doesn't show Lemmy Moderators, I'll list them here. Also note that Kbin does not distinguish moderator comments.

Additionally, we have our instance admins: @lodion@aussie.zone and @Nath@aussie.zone

founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] morry040@kbin.social 3 points 1 year ago

It would be sensible to pull up a chart of the historical interest rates and expect the real possibility that interest rates could remain around the 5% range for 10-20 years, as they did in the 1990s and 2000s when inflation was in the 2-3% target range.
https://tradingeconomics.com/australia/interest-rate