No mortgage? Here's why you should still pay attention to interest rate rises - ABC News

Those with mortgages are facing another hike to their monthly payments after the RBA's latest decision, but what does a rise in interest rates mean for the rest of us?

This week, in a further attempt to curb rising inflation, the Reserve Bank of Australia (RBA) raised the country's cash rate for the fourth month in a row. With the cash rate now at 1.85 per cent, t… [+5642 chars]

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