The wait continues for mortgage holders as homeowners brace for a prolonged interest rate struggle following the federal budget announcement.
The federal budget has predicted interest rates won't fall before the end of the year. Picture: NCA NewsWire / Max Mason-Hubers The stark contrast in market expectations and the government forecast is understood to be largely due to the cost-of-living relief measures outlined in the budget. “We designed our cost-of-living policies to ease pressures and take another three-quarters of a percentage point off inflation this year,” Treasurer Jim Chalmers said.
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