Couverture de ‘Not happy’: Mortgage holders feel the pressure as rates rise; economist warns of further hikes

‘Not happy’: Mortgage holders feel the pressure as rates rise; economist warns of further hikes

‘Not happy’: Mortgage holders feel the pressure as rates rise; economist warns of further hikes

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 On 3 February, the Reserve Bank of Australia (RBA) announced a 25-basis-point increase in the cash rate to 3.85 per cent, marking its first interest rate rise in more than two years. In this podcast, we speak with mortgage holders who say they will now need to reassess their finances, as financial experts stress that careful budget planning will be essential in the period ahead.
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