The RBA has frozen interest rates but there's plenty of pain to come — as well as a moment of truth for Philip Lowe

Its rule of thumb is that borrowers who spend more than 30 per cent of their income on scheduled payments run the risk of having problems paying. At the moment only one in ten fixed-rate borrowers is in such a situation. When those fixed loans expire and they switch to the higher variable rates, it will be one in four of them.on Tuesday. But it knows a lot of the damage from what it has already done is yet to come.of the things it said it would consider in April in deciding whether to hit pause.

On that monthly measure inflation fell from 8.4 pr cent in the year to December to 7.4 per cent in the year to January, to 6.8 per cent in the year to February. A further indication that price pressures are moderating is what trade unions asked for in the minimum wage case before the Fair Work Commission. They didn't ask for the official inflation rate of

Frozen interest rate, really? Maybe just shelve it for a month.

. Blame immigration. Lobby against immigration. Protest against immigration. .

RBA: Mortgage holders have been saving during covid, therefore they can handle a few rate rises without stress RBA: Inflation is high due to increased household spending, therefore we need to raise rates on mortgage holders. Ummm... anybody else see the contradiction here?

He needs to go. He fooled people into debt along with the LNP. I just read a $3300 PC just came off fixed rates to $6600 pcm on a $650k loan. He must go.

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