Stand by for the oddly designed Stage 3 tax cut that will send middle earners backwards and give high earners thousands
- Written by The Conversation
ShutterstockThe Reserve Bank is pushing up interest rates to take money out of our hands.
The first increase in the current round will add about A$65 a month to the cost of paying off a $500,000 mortgage.
The second will add a bit more. If, as the bank’s forecasts assume, there are another four such increases this year, that’s a...














