Financial stress looms as borrowers set to face another interest rate hike | 9 News Australia

9 News Australia published this video item, entitled “Financial stress looms as borrowers set to face another interest rate hike | 9 News Australia” – below is their description.

Aussie borrowers are set for another big interest rate rise on Tuesday as one in four are paying 30 per cent more on their mortgage. AFR Economics Editor John Kehoe said on Today, that the RBA is “virtually certain to raise interest rates tomorrow”.

9 News Australia YouTube Channel

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About This Source - 9 News Australia

9 News Australia has delivered breaking news, features and exclusive news from around Australia and the world into homes since 1956. In December 2013, Nine Entertainment listed on the ASX, trading as ASX: NEC.

In November 2020, Nine Entertainment relocated from Willoughby where it had been based for 64 years to North Sydney.

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Australia, officially known as the Commonwealth of Australia, is a sovereign country comprising the mainland of the Australian continent, the island of Tasmania, and numerous smaller islands. It is the largest country in Oceania and the world’s sixth-largest country by total area.

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