RBA boss warns borrowers rates will go up

By Colin Brinsden, Aap Economics and Business Correspondent
Updated November 16 2021 - 3:30pm, first published 3:28pm
Borrowers need to remember the RBA wants higher interest rates over time, Philip Lowe says.
Borrowers need to remember the RBA wants higher interest rates over time, Philip Lowe says.

Reserve Bank governor Philip Lowe has warned people taking out loans that the central bank's aim is to normalise monetary policy after the shock of the COVID-19 pandemic and get interest rates up.

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