Philip Lowe

Australian homeowners have been hit with another knock to their repayment efforts with the Reserve Bank of Australia announcing a fresh interest rate hike.The shift is a 0.25 per cent rise and takes the cash rate to 2.6 per cent, the…

Homeowners are expected to be slugged with hundreds of dollars extra in mortgage repayments as another nightmare rate hike is expected, with the Reserve Bank of Australia tipped to push through another super-sized interest rate rise of 0.5…