By David Olsen · 16 December 2010 · Economy
Despite record-breaking interest rate increases, Australian consumers are surprisingly optimistic about their financial situation. But what's behind this unexpected calm, and will it last?
Consumers remain positive despite successive interest rate increased from the Reserve Bank of Australia and increases in home loan lending rates above and beyond the RBA in November by all major banks.
Tags: Bill Evans, Economic Growth, Interest Rates, Melbourne Institute, Reserve Bank, Westpac