cash rate up 60% already since gfc

Those poor FHB sucked in by Labor's reckless grants are sure getting the rudest shock of their lives.

Just the RBA hikes alone (since the 3% low) has taken it 60& higher now at 4.75%.

One more 0.25% hike brings it to 67% higher (assuming the banks don't ad more).

Wonder how many of these NO-EQUITY-MATES are going to bail out.

Get ready for the CRASH !

Ooops, sorry I just forgot Westpac told us there won't be one. :)