Sitting ducks: Homeowners brace for ‘jaw-dropping’ interest rates
OPINION: As Reserve Bank grapples with inflation, property owners face shocking rises in mortgage servicing costs.
NBR senior journalist Maria Slade speaks with Hamish McNicol.
Homeowners with big mortgages or small business owners who’ve bet the house on their endeavours could be forgiven for feeling like ducks on a farmer’s pond in May.
As the Reserve Bank prepares to deliver what may be the biggest hikes in the Official Cash Rate (OCR) in two decades, close to half
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