Pitch Engine
Times Advertising


.

Why RBA interest rate hikes could end by September – but brace for at least one more

  • Written by Peter Martin, Visiting Fellow, Crawford School of Public Policy, Australian National University
Why RBA interest rate hikes could end by September – but brace for at least one moreLukas Coch/AAP

Tuesday’s tenth successive Reserve Bank interest rate hike is the culmination of a process that has added $1,080 to the monthly cost of payments on a $600,000 variable mortgage.

I’ve calculated this increase in payments – which amounts to $12,960 per year – by comparing payments on the National Australia...

Read more: Why RBA interest rate hikes could end by September – but brace for at least one more

More Articles ...

  1. Cool it: Australia's biggest cold trucking firm has collapsed, but reports of a supermarket supply disaster are overheated
  2. Underlying Australia's inflation problem is a historic shift of income from workers to corporate profits
  3. Tax breaks cost a reported $250 billion, but handle these new figures with care
  4. Inflation still the 'defining challenge' as Australia's economic activity slows
  5. Tax-free super for the super rich is a bad deal for the rest of us – and Morrison said it first
  6. How to improve the migration system for the good of temporary migrants – and Australia
  7. What is trauma insurance and what do I need to know if I am considering getting it?
  8. Looking for a financial adviser? 6 expert tips to find the best one for you
  9. A brave new world without a map for employers – are ad-hoc responses the best way forward?
  10. See when Australia's biggest banks stopped paying proper interest on your savings – and what you can do about it
  11. Ride-share companies are losing billions, so why their interest in unprofitable public transport?
  12. 6,000 words but silent on falling real wages: what Chalmers got wrong on 'values-based capitalism' and fixing our economic woes
  13. 40 years on, does Australia need another Prices and Incomes Accord?
  14. Australians need good financial advice more than ever to pay for soaring interest rates. Here's how to get it
  15. Success in life is tied to parental education. That's why we need to track intergenerational school performance
  16. RBA's latest forecasts are grim. Here are 5 reasons why
  17. Australia's new pay equality law risks failing women – unless we make this simple fix
  18. What if Opal and Myki became one? It'd help more of us than you'd think
  19. RBA warns of at least 2 more interest rate rises in coming months, as the economic outlook worsens
  20. How to save $4 billion a year: reform a fuel tax credit scheme with no real rationale
  21. Higher interest rates, falling home prices and real wages, but no recession: top economists' forecasts for 2023
  22. It's tradition: Indigenous designs have been on Australian money since decimalisation
  23. Short selling Adani: how an obscure US firm profited from triggering the Indian giant's price plunge
  24. Business owners see cutting carbon emissions as 'the right thing to do', despite the challenges of making change
  25. First Nations people often take on the 'cultural load' in their workplaces. Employers need to ease this burden
  26. Climate change is already putting the heat on insurance companies – Auckland's floods could be a turning point
  27. What's driving the potato chip shortage and when will it pass?
  28. It's not all about gender or ethnicity: a blind spot in diversity programs is holding equality back
  29. If you haven't joined a union, it's time you paid to benefit from union deals
  30. China's population is now inexorably shrinking, bringing forward the day the planet's population turns down
  31. 9 in 10 landlord tax returns are wrong. Does this make landlords champion tax dodgers?
  32. Stamp duty isn’t going anywhere until we can agree on the tax to replace it
  33. Feeling flat now you're #BackToWork? A post-holiday slump is normal, but these clues signal it's time for a new job
  34. The housing wealth gap between older and younger Australians has widened alarmingly in the past 30 years. Here's why
  35. The rent crisis is set to spread: here's the case for doubling rent assistance
  36. What if your colleague is a bot? Harnessing the benefits of workplace automation without alienating staff
  37. How housing made rich Australians 50% richer, leaving renters and the young behind – and how to fix it
  38. What is income protection insurance – and how's it different to total and permanent disability insurance?
  39. 'Boys will be boys': why consumers don't punish big polluters for greenwashing lies
  40. Micro-aggressions are repeated acts that send women backwards. Here's how micro-accommodations can fight back
  41. Discovering the 'honeypot': the surprising way restricting immigration can turn out to hurt the working poor
  42. 12 ways to finally achieve your most elusive goals
  43. Digital nomad visas offer the best of two worlds: what you should know before you go
  44. India's 'untouchable' women face discrimination even in schemes meant to help them
  45. Open banking is coming to New Zealand – here’s what we can learn from countries already doing it
  46. Are nudges sinister psychological tricks? Or are they useless? Actually they are neither
  47. Already under fire politically, Three Waters is also threatened by NZ's critical shortage of skilled engineers
  48. Fuelled by hope and fear, cryptocurrency markets are primed for contagion
  49. 90% of young people had financial troubles in 2022, and 27% used 'buy now, pay later' services
  50. Clearer rules on reporting companies' climate risks could soon put us on a path to decarbonising corporate Australia