Nelson Then - Property Strategist

Nelson Then - Property Strategist

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Reason Aussies can’t cope with rate hikes 05/10/2022

How many can cope with the another 25bp increased?

Reason Aussies can’t cope with rate hikes It is Groundhog Day for Australia’s battle-weary mortgage holders, with the Reserve Bank of Australia (RBA) hiking the official cash rate (OCR) another 0.25 per cent on Tuesday – the sixth consecutive monthly increase.

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