Podcasts Government Grattan Institute What the interest rate rise means for homeowners

What the interest rate rise means for homeowners

Published: May 8, 2022, 10 p.m.

There are three words that strike fear into the heart of any homeowner, and those are: interest rate rise. \n\nOn Tuesday, the RBA raised the official cash rate by 0.25% to 0.35% and signalled there was more to come. This was swiftly passed onto homeowners, with several banks raising their interest rates on the same day. \n\nBut should you be worried? Well, it depends on who you are. \n\nJoin Joey Moloney, Alex Ballantyne, in conversation with Kat Clay, on what the interest rate rise means for homeowners.\n\nArticles discussed in the podcast:\nhttps://grattan.edu.au/news/australia-is-not-having-the-housing-debate-we-have-to-have/\nhttps://grattan.edu.au/news/interest-rates-are-about-to-rise-how-worried-should-you-be/