An increasing number of Australians are mentally prepared for a significant interest rate hike after the Reserve Bank of Australia (RBA) lifted the cash rate for the first time in more than a decade. According to the Westpac-Melbourne Institute consumer sentiment survey for May, over three in four respondents (77 percent) anticipated mortgage interest rates…
More Australians Expect Interest Rates to Rise Sharply Over the Next year
May 11, 2022
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