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The Times Australia
Business and Money

High interest rates are not bad news for everyone. Just ask savers, importers and Australians heading overseas

  • Written by: Isaac Gross, Lecturer in Economics, Monash University
High interest rates are not bad news for everyone. Just ask savers, importers and Australians heading overseasShutterstock

It is a universally acknowledged truth that interest-rate rises are always a bad thing for the average Australian household.

They are just a punitive form of economic medicine we have to take from time to time, on the say-so of the Reserve Bank of Australia - but nobody enjoys it. Except perhaps the sadistic central bankers.

And this is...

Read more: High interest rates are not bad news for everyone. Just ask savers, importers and Australians headin...

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