Another blow for Aussie homeowners
The Reserve Bank has sounded the alarm on the amount Australian homeowners will soon be making in mortgage repayments.
The Reserve Bank has sounded the alarm on the amount Australian homeowners will soon be making in mortgage repayments.
A Sydney family are cutting back on subscriptions, shopping at Aldi and selling their Lexus for cash as their mortgage is set to double.
The RBA governor has warned interest rate rises are “not over” if inflation remains stubbornly high.
A major Aussie bank has shocked customers in their latest interest rate update after the Reserve Bank offered some relief.
The RBA has paused the cash rate for the first time in 10 months. And there are strong signs of what could happen next.
Homeowners were delivered some welcome relief this month but there are warnings they shouldn’t get comfortable with more “pain” coming.
Original URL: https://www.themercury.com.au/business/economy/interest-rates/page/16