By Stephanie Chalmerstook a look at how another rate rise will impact those with home loans.
If the cash rate increased to 3.6 per cent, another $77 would be added to monthly repayments on a $500,000 loanSomeone with a loan that size is paying an extra $983 a month since the first rate rise in May 2022For example, Melbourne's Tran family is paying an extra $113 a week on their home loan, and they have to find that somewhere.
The family is watching what they spend on groceries, has cut back on visits to the family doctor and physiotherapy sessions for their daughter. "We don't spend too much money on things that are not the basic expenses," school teacher Le Tran said.You can read more of that story here:
Labor stop spending
HODL through, bros. Diamond hands. WAGMI...
What's a little inflation when plucky Australia has Putin and climate change on the ropes?
This is great news. We must ensure the WEF great reset succeeds. We must crush society and ensure the people are made poorer to make the rich richer. Planned wars and pandemics are the perfect cover to siphon taxpayer money to boost stocks. Society are such suckers.
Yep The RBA is about to set the scene again Their ABSOLUTE accuracy & REASONS (that wages are) causing inflation are BEYOND DOBT …If you’ve got yr head stuck up yr own butt This is such BS
Or does it mindlessly follow US lead up 🤔
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