Australia will have the second-highest rate of inflation in the world in the coming year, with the home loan industry playing its part in Australia's growth.
Major banks are likely to avoid pushing up rates until after the federal election, according to a new report.
Speaking in New York, Glenn Stevens says that record low interest rates could have increasingly dire consequences for savers.
The lender has dropped it three-year fixed rate to below 4%.
In its latest commentary, the Reserve Bank of Australia has voiced concerns over a Chinese economic slowdown – though brokers should not be overly fearful.
Former RBA boss Bernie Fraser has implored the federal government not to consider cutting company tax rates