Interest rates

Interest rate breather

The Reserve Bank  opted to keep interest rates at 4.1% on the back of better inflation figures.  The pause also will allow them to better assess how the interest rate strategy is working according to Governor Philip Lowe. Many economists are also warning that we could tip into recession if accumulated rate hikes push too …

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RBA Interest Rates Pause

Economists were divided on whether the RBA would pause their incremental rises in Interest Rates in their battle against inflation. The tipping of the balance in favour of holding the existing rates was the better than expected Inflation figures from last week; indicating that finally the interest rate rises were gaining traction. Mortgage holders will …

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