What's wrong with Australian mortgages? They're fixed for shareholders, not home owners
- Written by Richard Holden, Professor of Economics, UNSW

If you’re paying off a mortgage – or aspiring to – imagine if you didn’t have to worry so much about rising interest rates.
That’s already the reality for US home buyers. Unlike in Australia, most mortgages in the US have a fixed-interest rate, locked in for 30 years.
Instead of having to wait and see if...