It's bad news for anyone with a mortgage, or someone looking to borrow money or just those with plenty of debt already – interest rates in Australia are on the rise.
Well, they are if the bets that money market traders are placing are anything to go by.
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Philip Baker writes on markets specialising in bonds, equity markets and currencies. Based in our Sydney newsroom, Phil is a markets columnist. Connect with Philip on Twitter. Email Philip at pbaker@fairfaxmedia.com.au
