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Australia faces prospect of pre-election rate rise as inflation and consumer prices soarThe annual CPI rate rise to 5.1% was higher than expectations and reflects higher fuel and food costs, sparking fears of an interest rate rise ah yes the lnps strong fiscal management at work on the economy ,jobs jobs jobs for the boys of greed and theft
Source: GuardianAus - 🏆 1. / 98 Read more »
How to lock in a cheaper mortgage | 7NEWSWith interest rates set to rise there's one way, you might be able to lock in a cheaper mortgage. New green home loans are being offered with very low rates but buyers be warned they're not for everyone. There's a new way to access a 1.99% variable rate.
Source: 7NewsMelbourne - 🏆 18. / 59 Read more »
The electorates where buyers will feel the pinch from rising interest ratesData shows suburbs with the highest proportion of first home buyer grants, hinting at areas which will be under pressure as rates rise.
Source: smh - 🏆 6. / 80 Read more »
‘Difficult balancing act’: Economists say case for pre-election rate rise strengtheningTop economists say there is enough data to justify lifting interest rates before the May 21 election, despite the political heat the RBA would take on as a result.
Source: brisbanetimes - 🏆 13. / 67 Read more »
It’s elementary. Case closed for RBA election rate hikeNew inflation figures are the smoking gun, signed confession and CCTV footage the RBA needs to start lifting interest rates at its pre-election meeting. swrighteconomy And is a rate rise gonna reign in the “non discretionary” prices where rises have been highest? Raising rates now will not beat inflation unless you think people will reduce their tomato consumption. Wright should’ve explained how he thinks rate rise will help households.
Source: smh - 🏆 6. / 80 Read more »
The electorates where buyers will feel the pinch from rising interest ratesFirst-home buyers in growing suburbs on the fringes of Sydney and Melbourne are the most at risk of struggling with rising interest rates. Really? That has not changed since the mid 60s, no one has a crystal ball when it hits. Living within your means is the best protection one can have for a couple of lean years.
Source: theage - 🏆 8. / 77 Read more »