Millions in Australia are already suffering mortgage stress.
High inflation usually involves higher wages.
Under this inept govt wages have not kept pace with inflation
A terrible outcome and given that this is just the start of the rate hikes
how many people are going to lose the homes when they cant service
their mortgage?
How many people trying to save a deposit to buy their home will be
thwarted as it becomes more unaffordable due to rising interest rates.
Interest Rate rise 25 basis points, page-5
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