SBS On the Money: Why RBA may lift rates quickly to 3.35%

Westpac has revised its call for the peak in interest rates to 3.35% by February next year, which may add $908 a month to an average mortgage repayment on a $500,000 25 year loan. SBS Finance Editor Ricardo Gonçalves speaks with Westpac Senior Economist Matthew Hassan for more, plus Heath Moss from HLM Investments for the day on the markets.

On the Money Source: AAP / AAP/SBS