Australia’s highest interest rate since 2012

By Yajush Gupta · 7 June 2023 · News

Australia’s highest interest rate since 2012

Australia's Interest Rate Hike: What Does it Mean for Homeowners?

A surprise rate increase has left Australians reeling. Find out how this decision will impact your mortgage repayments and your wallet.

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Summary

The decision will result in an additional $1,264 in mortgage repayments for the average Australian homeowner since April 2022