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The Reserve Bank has lifted rates, and if you’ve got a mortgage, you’ll feel it fast.
A typical borrower on a $600,000 loan is up around $90 a month for a single hike, and if more follow, the hit multiplies.
Is inflation really back, or is the Bank overreacting? And what would more hikes do to jobs and house prices?
Guests:
Michael Pasoe, writes for Michael West Media
Cherelle Murphy, the Oceania Chief Economist for the consultancy firm EY
By ABC4.6
88 ratings
The Reserve Bank has lifted rates, and if you’ve got a mortgage, you’ll feel it fast.
A typical borrower on a $600,000 loan is up around $90 a month for a single hike, and if more follow, the hit multiplies.
Is inflation really back, or is the Bank overreacting? And what would more hikes do to jobs and house prices?
Guests:
Michael Pasoe, writes for Michael West Media
Cherelle Murphy, the Oceania Chief Economist for the consultancy firm EY

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