Tag: interest rates
Australia – the wonky distribution of wealth
Inflation is rising all over the world, and Australia is not immune, so the RBA is aggressively raising interest rates. The explanation given is … Australia – the wonky distribution of wealth
How much can you borrow?
With the most recent interest rate hike many Australians can’t borrow as much as they could previously. This in turn has stopped many entering the property market. An Aussie on an average salary can borrow almost $140,000 less than they could in April after eight interest rate hikes, making it much harder to break into…