Why the RBA is right to hold ground on rates - despite Government pressures: Anthony Landahl Ausbiz

Why the RBA is right to hold ground on interest rates - despite Government pressures Anthony Landahl, Managing Director and Mortgage Broker at Equilibria Finance joins Ausbiz explains why it is critical the RBA maintains its independence and why he believes the RBA is doing the right thing standing their ground on interest rates despite the political pressure from the current Government and from sections of the media. Includes commentary and opinion on: - Why the RBA is right in its commentary and current management of rates. - Some other central banks are starting to lower rates - who and why and what's the difference in Australia? - Challenges for new borrowers and existing mortgage holders - What sort of fixed and variable rates are we currently seeing