'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

Credit card holders face rising interest rates

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

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