RBA expected to leave interest rates unchanged at its September meeting

by

Since the Reserve Bank began raising interest rates two and a half years ago, Australians with mortgage loans have made an estimated $5.52 billion in additional repayments each month.

Canstar data shows that total mortgage payments in March 2022 – when the base rate was at a record low of 0.1 per cent – ​​were $9.01 billion.

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