Mortgage rates in Australia about to rise - again
Most punters and pundits expect our Reserve Bank to raise rates by at least another 0.25 pct next week. That will be third consecutive rise this year and the first one *directly* reflecting the upwards effect on headline inflation since Trump's phony oil control war started.
https://www.rba.gov.au/statistics/cash-rate/
Study the stats and you see how the trends reflect changes in economic conditions since the stupidly historic almost negative 0.1 pct cash rate during 2020 which encouraged huge borrowing to buy property amonst other things.
The stats table goes back to 1990 when the cash rate was around 17 percent, and today in 2026 people whinge even though it's not even 5 percent. 8-)
https://www.rba.gov.au/statistics/cash-rate/
Study the stats and you see how the trends reflect changes in economic conditions since the stupidly historic almost negative 0.1 pct cash rate during 2020 which encouraged huge borrowing to buy property amonst other things.
The stats table goes back to 1990 when the cash rate was around 17 percent, and today in 2026 people whinge even though it's not even 5 percent. 8-)
