'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

Interest rates for credit cards are increasing

Credit card interest rates are going up as debt levels increase. Economists propose that government spending will be a key factor in the economy's outlook. Meanwhile, private equity firms are showing interest in Healius, and a cancer survivor is at facing the possibility of losing their home. The Reserve Bank of Australia's chief economist says one thing is needed to end rate rises, and City economists predict that interest rates will not hit 4.75% by next summer.

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