Mortgage holders warned of more interest rate pain amid stubborn inflation
Mortgage holders face potential interest rate increases as the Reserve Bank grapples with persistent inflation, currently at 4.3 percent. Economists predict further hikes may be necessary, with the official cash rate already at 4.35 percent. Bank officials caution that controlling inflation while avoiding a recession presents significant challenges.
Summary by OZbrief Editorial · The West Australian · Source
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Published 23 Jun 2026, 20:02 UTC · Updated 23 Jun 2026, 20:10 UTC
Summary by OZbrief Editorial. Original report: The West Australian. Editorial policy · Corrections
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