If you have a $750,000 variable loan, the latest hike in interest rate means your monthly mortgage repayments will increase by an average of $114. Listen to this podcast in Punjabi to know more about how this hike might affect you.
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RBA announces seventh consecutive hike in cash rates with the possibility of further increases
Reserve Bank of Australia RBA in Sydney, Australia. Credit: Xinhua News Agency via Getty Images
If you have a $750,000 variable loan, the latest hike in interest rate means your monthly mortgage repayments will increase by an average of $114. Listen to this podcast in Punjabi to know more about how this hike might affect you.
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By Sumeet Kaur
Source: SBS
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