Households facing bill crunch from all sides as interest rates rise - Sydney Morning Herald

Economists say Australia’s central bank can only do so much to counter cost of living problems, which are largely driven by global price growth in essentials including oil and food.

Those cost of living pressures come on top of growing grocery bills and rising mortgage repayments as banks pass on the RBAs rate hikes. KPMG senior economist Dr Sarah Hunter said the whole world wa… [+1723 chars]

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