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RBA Governor Philip Lowe is hiking interest rates. Worst case, it'll mean an extra $600 per month on a $500,000 mortgage

By Isaac Gross, Lecturer in Economics, Monash University
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Governor Philip Lowe says it is “not unreasonable” to expect the cash rate to climb to 2.5%. That’s an extra $600 to service a $500,000 mortgage.The Conversation

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