'We've got a little bit longer to go': RBA's chief economist says one thing is needed to end rate rises - Nine.com.au

Interest rates for credit cards are increasing

Credit card interest rates are increasing as debt levels grow. Economists indicate that government spending will be a key factor in the economy's prospects. Meanwhile, private equity firms are pursuing Healius, and a cancer survivor is at risk of losing their home. The Reserve Bank of Australia's chief economist says one thing is needed to stop rate rises, and City economists estimate that interest rates will not hit 4.75% by next summer.

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