How high will interest rates go? - Sydney Morning Herald

Financial markets are tipping the official cash rate – now at 0.35 per cent – to hit close to 3 per cent by the end of the year.

However, it took the bank about six years from May 2002 to March 2008 to deploy its next hiking cycle. Part of the reason is that during the late 1990s and early 2000s, the size of Australian mortga… [+4666 chars]

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