AI 'investment glut' driving new era of high interest rates: Alan Kohler | ABC NEWS
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The Reserve Bank is expected to leave the cash rate on hold in August, but the futures market is tipping further rate hikes in the final quarter of 2026. Finance presenter Alan Kohler says Australia has entered a 'new era' of high interest rates, driven by a savings shortage as defence spending and AI investment swells. Subscribe: http://ab.co/1svxLVE Read more here: https://www.abc.net.au/news/2026-08-10/interest-rates-house-prices-only-part-of-story/107010092 Note: In most cases, our captions are auto-generated. #ABCNEWS #ABCNEWSAustralia #abcnewschannel
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