“800,000 Australian households are going to switch from a fixed rate to a variable rate mortgage this year,” she told Sky News Australia.
“Those households will only feel more pain because of the increase in cost of living- groceries and energy bills going through the roof.”
Like the LNP bullied energy providers to not hike price till after the election, they did the same to Dr Lowe. Effing corrupt LNP and despicable Jane Hume.
I also remember at the time Australian economist laughing at the impossibly low rates we were seeing in Japan.
Good old labour aye? Who voted for these fools?
Never ever Labor... they just messed up. Austerity !
My simple advice - If you have a mortgage, look at the repayment now and double it. If you cant afford it, get out now! Otherwise HODL. 😜
But not as high as they were under Hawke/Keating
Singapore Singapore Latest News, Singapore Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: FinancialReview - 🏆 2. / 90 Read more »