Economists and market observers have been warning of potential interest rate rises long before the Reserve Bank of Australia (RBA) actually lifted it on the 3rd of May 2022. Mind you, Australia has not seen any interest rate increase since November 2010. That’s almost 12 years of ultra-low rates that gave many sectors access to cheap money.
Who will be hit hardest as interest rates rise?
Who will be hit hardest as interest rates…
Who will be hit hardest as interest rates rise?
Economists and market observers have been warning of potential interest rate rises long before the Reserve Bank of Australia (RBA) actually lifted it on the 3rd of May 2022. Mind you, Australia has not seen any interest rate increase since November 2010. That’s almost 12 years of ultra-low rates that gave many sectors access to cheap money.