Rates at an 18-year high, $450 a month more on a $600,000 loan, and economists putting recession odds at one in two. Jamie Chaffey says families are already at breaking point.
Michele Bullock
Posted inLocal News, Money
Regional Australia braces city-biased budget
Regional Australia is bracing for a tough federal budget night, with Inland Rail axed north of Parkes and local leaders warning the regions are being left behind while billions flow to city projects.
Posted inArmidale, Economy
RBA Governor warns of interest rate rise in Armidale speech
Reserve Bank of Australia governor Michele Bullock has returned home to Armidale today, warning that the board “will not hesitate to raise interest rates” in her address for the Rotary Club of Armidale Annual Lecture.