RBA hikes by another 50 basis points

The Reserve Bank has raised interest rates for the third month in a row with another massive hike set to add hundreds of dollars to monthly mortgage repayments for the average borrower.

Three months in a row? If many people are making monthly mortgage repayments, do we really know the effect of (sustained) higher repayments since the first interest rate increase?


Read the original post “RBA hikes by another 50 basis points” on our Facebook page.