17 Aug 2023

No quick fix for people with mortgages says advisor

From Morning Report, 8:43 am on 17 August 2023

A mortgage advisor says there will be no quick fix for people with mortgages suffering the burden of a high official cash rate.

The Reserve Bank is keeping the official cash rate at 5.5 percent for now.

Loan Market advisor Aaron Cooke spoke to Corin Dann.