As the whole of Australia sat down to watch the race that stops a nation a momentous change was put into place by the RBA, the announcement that they would be raising the rate by 0.25% was the first raise since the Global financial crisis hit. This raise may seem minor but will have a lasting effect on families Australia wide. No matter if you are renting or paying a mortgage you will feel the first rise in rates.
Steps to Assist with the Interest Rate Rises
November 25th, 2010