The Reserve Bank lent $188billion to the banks in 2020 and 2021 to provide ultra-cheap home loans. But those low rates are expiring in 2023, and could see a 69 per cent surge in mortgage repayments.
Mark Bouris was forced to sell his house when interest rates hit a record high and the country plunged into recession in 1990 - and warned history may be repeating.
Former Neighbours star Olympia Valance, 29, showed off her enviably toned figure in a chic white two-piece as she led the star arrivals at White Glo s new product launch in Sydney on Thursday night.
Former Married At First Sight star and beauty entrepreneur Jules Robinson, 39, looked ultra stylish as she led the VIP arrivals at a female entrepreneur breakfast in Sydney on Friday.