#apropos "#Borrowers are currently used as "shock absorbers" for Australia's financial system where variable-rate home loans dominate the market.The #ReserveBankAustralia acknowledged that the pain from their rate rise will be felt unevenly in the community."
oh really #rba ain't that the truth π¬
https://www.abc.net.au/news/2026-03-19/should-banks-offer-30-year-fixed-rate-home-loans-new-report/106465276

Why don't Australian banks offer 30-year fixed-rate home loans?
A new report says Australian borrowers would benefit from 30-year fixed-rate home loans, and they should be made available.
@drrimmer @MorpheusB
#ReserveBankAustralia #IndigenousArtworks
I nominate a portrait by Vincent Namatjira β showing the consequences of ignoring Indigenous relationships with land etc