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One thing will separate Australians who really struggle later this year from those who won't — and economists are trying to get the word out, writes David Taylor.
Economists at NAB are expecting the cash rate to reach a peak of at least 4.1%, which it would likely hit by July.
When the latest interest rate hike finally hits, borrowers could find themselves with little as $57 a day...
National Australia Bank is now expecting the Reserve Bank to raise interest rates again by another 0.25 percentage points to an 11-year high of 4.1 per cent. New predictions follow Budget.
Core inflation has eased yet the Reserve Bank of Australia remains like a coiled spring, ready to further raise interest rates at any moment. So, what could trigger the central bank into another increase in its cash rate? David Taylor explains.