VIDEO: Rate cuts could load household up with more debt, says analyst
Borrowers are going to be fixated on the Reserve's rate decision on May 20, with Australian households among the most indebted in the world. Veteran bank analyst Brian Johnson at MST marquee says the more rates are cut, the more people can borrow, the higher house prices will go.
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Borrowers are going to be fixated on the Reserve's rate decision on May 20, with Australian households among the most indebted in the world. Veteran bank analyst Brian Johnson at MST marquee says the more rates are cut, the more people can borrow, the higher house prices will go.