Repo rate hike tightens household budgets
The Reserve Bank’s 25-basis-point hike to 7.25% will raise repayments for households with variable-rate debt, adding pressure as fuel, transport and other living costs remain high.
The Reserve Bank’s 25-basis-point hike to 7.25% will raise repayments for households with variable-rate debt, adding pressure as fuel, transport and other living costs remain high.