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Graph reveals horrifying rates reality

It’s the single graph that tells homeowners everything they need to know about what the future holds for interest rates and when they will start falling.And the news is grim for the next year according to financial markets, with another…

Treasurer urged to overturn shock RBA call

Treasurer Jim Chalmers has been urged to overturn the RBA’s shock decision to hike rates.Amid fears the latest hike could result in a recession, the government has been urged to take the unprecedented step of direct intervention. “The RBA’s…

Alarming detail about Aussie mortgages

Homeowners are “struggling” to make mortgage repayments as the RBA continues to lift interest rates, forcing many to pay an extra $1000 per month.More than one in eight homeowners have missed a mortgage repayment over the past six months,…

$29.8bn rates time bomb set to explode

About $29.8bn worth of fixed rate mortgages will expire by the end of the year, which will mean an extra $641 in monthly repayments for homeowners by Christmas, as the Reserve Bank of Australia looks set to deliver even more bad news.The…

$29.8bn time bomb set to explode

About $29.8bn worth of fixed rate mortgages will expire by the end of the year, which will mean an extra $641 in monthly repayments for homeowners by Christmas, as the Reserve Bank of Australia looks set to deliver even more bad news.The…