We've had 10 consecutive cash rate rises, with interest rates hiking up sharply and borrowers fearing what will happen as we approach the 'fixed rate cliff'. But what lessons have we learned from previous rate rise cycles, why is this cycle different, and what should brokers be keeping a lookout for in the months ahead? In this episode of In Focus, partnered by Firstmac, we're sitting down with chief financial officer James Austin to find out:

• When the 'fixed rate cliff' is coming and why we should be prepared
• Why it's so hard to forecast what rates will do this year
• Why defaults and hardship levels are still relatively low

And much more!