Aussies’ credit card debt on the rise again
Aussies are owing almost $18bn in credit card debt, with experts warning it could get worse in the wake of the Reserve Bank’s latest interest rate decision.
Aussies are owing almost $18bn in credit card debt, with experts warning it could get worse in the wake of the Reserve Bank’s latest interest rate decision.
Warning that the RBA would not hesitate to pull the trigger on further rate hikes if needed, Governor Michele Bullock revealed rate hikes had been considered.
Warning that the RBA would not hesitate to pull the trigger on further rate hikes if needed, Governor Michele Bullock revealed rate hikes had been considered.
After a six week reprieve, Australians will learn today whether interest rates will rise again.
CREDIT card customers are being slugged with higher interest rates on plastic than they were before the nation’s series of rate falls.
Original URL: https://www.ntnews.com.au/business/economy/interest-rates/page/115