29/09/2026
Another Rate Hike just announced!
Property investors are the ones who will feel the pinch having to pay higher mortgages while their tenants rent remain the same.
As a property investor myself with just 1 investment property we are not going out & spending money in the economy because the funds are being spent on 2 mortgages & raising a family with 4 kids. I find it ridiculous that they are targeting home owners & investors to curve the nations spending, while we are the ones underpinning the nations housing economy. There has to be a better way to curve spending IE- Credit limitations, with personal credit card debt in Australia of over 19.5 Billion. Pay day advances, after-pay, etc. This easy access to money is fueling the economy, the government should stand in & stop it. What do you think? Have your say below in comments....
The RBA has raised the cash rate for a fourth time this year, squeezing borrowing capacities to the lowest levels seen since the recovery from the GFC.
