Rate rises to push more households into mortgage stress

RN Breakfast - Separate stories podcast

English - July 05, 2022 20:50 - 8 minutes - 7.41 MB - ★★★★ - 9 ratings
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Previous Episode: Rates rise but retirees say they're yet to see a benefit

Next Episode: Treasurer disappointed with the banks

The RBA's interest rate rise only compounds the pain for households already struggling with the rising cost of living, and the central bank isn't done yet.

Anna Bligh is the Chief Executive of the Australian Banking Association and she joins the program to discuss the rise.