Sure, the RBA froze interest rates this time, but there's plenty of pain to come
- Written by: Peter Martin, Visiting Fellow, Crawford School of Public Policy, Australian National University
Wes Mountain/The Conversation, CC BY-NDAustralia’s Reserve Bank has hit pause on interest rates after ten successive hikes, but for many Australians, the pain it has inflicted is about to begin.
The Bank says more than one million households will come off ultra-low fixed-rate mortgages this year and the next, some of those rates fixed for as...
Read more: Sure, the RBA froze interest rates this time, but there's plenty of pain to come
