Bank interest rate hike signals more headaches for borrowers

The country’s biggest lender has jacked up its mortgage rates in a sure sign of more pain on the way for borrowers.

Reserve Bank warns of more interest rate rises

Australian mortgage holders should be prepared for further interest rate hikes as the Reserve Bank attempts to reduce inflation, its governor says.

Photo: Tony Lewis/InDaily

Interest rate rises now hit home harder

There’s one big reason why increasing interest rates impact today’s mortgage holders more than past generations, argue Joey Moloney and Brendan Coates.

Why Clive Palmer's interest rate pledge is unworkable

Even if the United Australia Party was able to force banks to cap mortgage rates at 3 per cent, it would lead to many being denied a home loan, writes Isaac Gross.

Reserve Bank move set to (slowly) lift interest rates

Winding back a pandemic-forced monetary policy will gradually begin to affect mortgage payments, writes Isaac Gross.

Mortgage debt and rent hitting retirees and federal budget

The number of older Australians still paying off mortgages or renting well into their sixties is soaring. Besides the impact on lives and household finances, the trend has serious implications for federal budgets and housing policy, argues Rachel Ong ViforJ, Gavin Wood, Melek Cigdem-Bayram and Silvia Salazar.

Number of mortgages behind on payments highest since 2010: RBA

The Reserve Bank believes the number of home owners behind on their mortgages could keep climbing for some time, although not to levels that might threaten Australia’s financial stability.