'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 rising as debt levels rise. Economists indicate that government spending will be a key factor in the economy's future. Meanwhile, private equity firms are interested in Healius, and a cancer survivor is at threatened by 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 achieve 4.75% by next summer.

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