5 May 2021

Reserve Bank warns borrowers over rates rise vulnerability

From Checkpoint, 5:37 pm on 5 May 2021

The Reserve Bank has renewed warnings to borrowers taking advantage of low-interest rates.

In its latest financial stability report, the bank says people taking on huge debts are 'more vulnerable to a rise in mortgage rates' - saying if needs must, they'll tighten up further on lending.

Kate Gregan reports.