David Taylor
speaker
997 appearances
8 recordings
2 series
first heard Apr 2026
last heard 15 Sep
David Taylor’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsRecordings per month over the last 12 months — 8 in all, peaking in Sep 2026 with 3.
Appearances
And that's where it starts to go from being stressful, mortgage stress to mortgage distress.
And mortgage distress, I suppose, is when you call up the bank and say, look, I just can't do it.
And that's where we bring in this idea of unemployment because yesterday at the Reserve Bank press conference, it's pretty clear, and economists say this too, that everything is okay.
We're not in dire straits yet.
The economy is slowing.
Mortgage applications are coming down.
It's clear that things are not brilliant, but they're not terrible.
What the Reserve Bank is worried about is increasing interest rates too much.
And if they do that, obviously, you'd see the Commonwealth Bank's profit materially coming down, but you'd also see homeland arrears going up.
And that was a key point in today's presentation from the Commonwealth Bank's Matt Common, that arrears are really, really low, like really low.
And they really haven't budged.
And that's because the jobs market, according to the Commonwealth Bank, is quite robust.
And if you've got a job, anyone knows, anyone knows with a mortgage, if you've got a job, things are basically okay.
When you lose your job, you fall off the cliff, the financial cliff, that is.
to see
or
into
outlook?
Look, my guess is that analysts were reasonably happy with everything the Commonwealth Bank had to say, and they do benefit from having such a large market presence.
I would just say that it was interesting that in the results announcement, they've got mortgage credit growth at 4% to 6% over the year ahead.
Showing 441–460 of 997 · page 23 of 50
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