‘Not happy’: Mortgage holders feel the pressure as rates rise; economist warns of further hikes
On 3 February, the Reserve Bank of Australia (RBA) announced a 25-basis-point increase in the cash rate to 3.85 per cent, marking its first interest rate rise in more than two years. In this podcast, we speak with mortgage holders who say they will now need to reassess their finances, as financial experts stress that careful budget planning will be essential in the period ahead.
SBS Hindi · SBS Audio
February 3, 20269m 23s
Audio is streamed directly from the publisher (sbs-podcast.streamguys1.com) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
On 3 February, the Reserve Bank of Australia (RBA) announced a 25-basis-point increase in the cash rate to 3.85 per cent, marking its first interest rate rise in more than two years. In this podcast, we speak with mortgage holders who say they will now need to reassess their finances, as financial experts stress that careful budget planning will be essential in the period ahead.