INTEREST RATES CONTINUE TO RISE
EVERYTIME YOU BLINK THERES ANOTHER BANK RAISING AN INTEREST RATE, 5YR FIXED RATES HAVE ALREADY HIT 8%............
RESERVE BANK OF AUSTRALIA RAISED THE CASH RATE 25 BASIS POINTS THIS MONTH VOICING THEIR CONCERNS ON INFLATION RUNNING AWAY FROM THEM, FURTHER CASH RATE RISES ARE SURE TO COME.
THE BIG QUESTION NOW IS NOT WHEN BUT HOW FAST WILL THEY RISE.