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‘Perfect opportunity’: BlackRock CEO calls for 30-year mortgages in Australia

Summary by News
The head of the world’s largest investment firm has called for the introduction of 30-year fixed-rate mortgages in Australia, saying the country’s $4.2 trillion superannuation pool could be used to create the market.

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‘Perfect opportunity’: BlackRock CEO calls for 30-year mortgages in Australia

The head of the world’s largest investment firm has called for the introduction of 30-year fixed-rate mortgages in Australia, saying the country’s $4.2 trillion superannuation pool could be used to create the market.

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Australian Financial ReviewAustralian Financial Review

Larry Fink says 30-year fixed rate mortgages could change Australia

The BlackRock CEO says 30-year fixed rate mortgages could supercharge Australian economic growth and dynamism. And he knows who can back the idea.

·Sydney, Australia
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Australian Financial Review broke the news in Sydney, Australia on Thursday, February 20, 2025.
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