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Pain for mortgage holders as interest rates rise again

Seta Barberi working in her Campbelltown cafe in Sydney (SBS).jpg
Seta Berbari is a mortgage holder, managing a home and business loan on her Greater Western Sydney cafe. Credit: SBS

Mortgage holders have been hit with a seventh consecutive interest rate rise. Businesses and households worry about the effects. The Reserve Bank is also revising the inflation peak for this year, warning there are likely to be many more increases to come.


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By Omoh Bello

Presented by Krishna Pokhrel

Source: SBS



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Mortgage holders have been hit with a seventh consecutive interest rate rise. Businesses and households worry about the effects. The Reserve Bank is also revising the inflation peak for this year, warning there are likely to be many more increases to come.



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