parts of the australian economy, that is actually in pretty good shape, unemployment figures are looking quite good, retail demand is actually really high, but again, as we have seen in other parts of the world, as countries emerge from the pandemic, it is actually these things that are really driving up prices, hence these interest rate hikes. so you can understand why the reserve bank is increasing interest rates, trying to cool inflation, there is no doubt it will be especially homeowners that are going to be hit hard by these latest increases. they are already struggling to pay their mortgages in australia, a lot of people, i would just give you one example i saw earlier, you one example i saw earlier, you have for example a mortgage on an $800,000 house, which is more or less the average body price more or less in australia at the moment, you can expect to pay out of his latest height, $1000 more per month on your mortgage compared to what
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