Tuesday, July 21, 2026

HomeGeneral NewsRate hikes and inflation spikes: Borrowers should brace for the long haul

Rate hikes and inflation spikes: Borrowers should brace for the long haul

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Mortgages holders are set to be trapped in a nightmarish spiral back to Covid times, with the outlook for interest rates expected to remain uncertain for the rest of the year.

The Reserve Bank’s cash rate hike on Tuesday, while no surprise to markets, almost didn’t happen at all.

Just five…



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