'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

Higher interest rates are being applied to credit cards

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

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