Tag · 3 stories
#Rate Hike
News ◆
Record Australian mortgage holders at risk amid rate hikes
New research from Roy Morgan shows an estimated 1.43 million (28.7%) mortgage holders were ‘At Risk’ of ‘mortgage stress’ in the three months to June 2023.
Yajush Gupta · 2 min
Economy ◆
Rate concerns cause business expectations to slump
Business and sales expectations have again fallen on the back of interest rate rise fears, according to new Dun & Bradstreet figures, which also revealed Australia’s employment outlook has slipped to an index of -5.
Guest Author · 2 min
Economy ◆
RBA holds rates at 4.75 percent
The Reserve Bank of Australia (RBA) left the cash rate unchanged at 4.75 percent during its meeting in Sydney today; citing slow growth of the global economy and continued economic volatility in Europe and the US as drivers behind its decision.
Lorna Brett · 2 min