The prospect of Australia plunging into recession has risen as excessive as 70 per cent, in accordance with some economists, on the again of the Reserve Financial institution of Australia’s aggressive price hikes which at this stage haven’t any finish in sight. With 9 consecutive hikes since Could final yr, …
Read More »Interest rates, cost of living: Bankruptcies set to rise in Australia read full article at worldnews365.me
With Aussies stretched to the restrict amid hovering value of residing pressures and skyrocketing rates of interest, specialists are sounding the alarm over a recent disaster to return. Based mostly on earlier financial traits, it’s now clear that situations are lining up for an avalanche of insolvencies within the months …
Read More »RBA interest rate hike: Dire warning to homeowners in rate rise read full article at worldnews365.me
The Reserve Financial institution has issued a grim warning it should do no matter it takes to deliver down inflation and warned owners to anticipate extra ache to return after climbing rates of interest for the ninth time since Could — resulting in a name for the financial institution’s boss …
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