Home buyers to take major hit as Australian central bank moves to lift interest rates

A cash rate of 1.75 percent at the end of year, now being priced in by financial markets, would lift repayments on an $800,000 mortgage by almost $1,400 a month.

Related Keywords

Australia ,Sydney ,New South Wales ,Ukraine ,Australian ,Philp Lowe ,John Howard ,Ian Verrender ,Fred Harrison ,Labor Party ,Australian Council Of Trade Unions ,Australian Broadcasting Corporation ,Fair Work Commission ,Reserve Bank ,Sydney Morning Herald ,Non Accelerating Inflation Rate ,Rudd Gillard Labor ,Australian Council ,Trade Unions ,Liberal National Prime Minister John Howard ,Fair Work Act , ,