Treasury Budget tells Australian home borrowers told to brace for TWO YEARS of interest rate rises - Daily Mail

3/29/2022 12:00:00 AM3 years 1 month ago
by Stephen Johnson
by Stephen Johnson
By June, Australia's headline inflation rate is tipped to surge to 4.25 per cent, the highest level since 2008. This is well above last year's consumer price index of 3.5 per cent.
Home borrowers are being warned to brace for two years of mortgage rate rises as inflation soars to the highest level since 2008 potentially pushing up typical repayments by $700 a month. Russia's U… [+7792 chars]
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