Why Australians could soon be paying the highest interest rates in the world - Daily Mail

Reserve Bank of Australia Governor Philip Lowe is now warning of multiple interest rate rises because of inflation. Financial markets are betting on nine rate rises by August 2023.

Australia could have the world's highest interest rates within a year, a financial expert fears - a move that would cause typical monthly loan repayments to surge by $700 come July 2023.  Reserve Ba… [+4843 chars]

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