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

Written by The Conversation

Lukas 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...

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