cash rate increase

Despite catastrophic predictions of the fixed rate mortgage ‘cliff’ that has generated headlines for months and sowed fears of widespread defaults and increasing arrears, household borrowers have, so far, weathered the interest rate…

Australians have been dealt a fresh blow as the Reserve Bank of Australia shocked most experts by hiking interest rates by 0.25 per cent to 3.85 per cent — now the first of the big four banks has responded to the news.NAB’s standard…

With Aussies stretched to the limit amid soaring cost of living pressures and skyrocketing interest rates, experts are sounding the alarm over a fresh crisis to come.Based on previous economic trends, it’s now clear that conditions are…

There’s no question Australians are feeling the pinch of the cost of living crisis, with the Reserve Bank of Australia today announcing the eighth straight cash rate increase.Add to that, utility bills, groceries and the cost of fuel all…