RESERVE BANK BOSS WARNS FIRST-HOME BUYERS MORTGAGE RATE SHOCKS ARE 'PART OF THE REAL WORLD'

© The AM Show Adrian Orr on The AM Show. After this week's interest rate hike, Adrian Orr has a simple message for people who got on the property ladder by borrowing big: welcome to the real world. The head of the Reserve Bank told The AM Show on Thursday it's his job to ensure inflation stays low and stable and employment is maximised, not to cater to the whims of homeowners. ...

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