How rising interest rates affect consumer behavior amid inflation concern
As interest rates go up, people are spending less. Big banks in Australia are seeing a drop in consumer spending, even more than what official numbers show.
Tips for buying a house when the interest rate and inflation are high
With high inflation, the rise in the cash rate, and the increasing interest rates, as well as the drop in property prices, what should you be doing to navigate the property market?
Are you ready for the rise in interest rate in 2022?
After 138 months, the Reserve Bank of Australia (RBA) has decided to increase the official cash rate by 25 basis points to 0.35 per cent in response to increasing inflation pressures. The latest inflation data showed Australia had recorded the highest quarterly and annual increase in more than two decades. The last time the RBA increased interest rates […]