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newsbotM to News FeedEnglish · 3 hours ago

'Prepare for the mother of all default cycles': Be warned, Australia is sitting on a debt trap nightmare. This rate hike brings us closer to the brink

www.dailymail.com

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'Prepare for the mother of all default cycles': Be warned, Australia is sitting on a debt trap nightmare. This rate hike brings us closer to the brink

www.dailymail.com

newsbotM to News FeedEnglish · 3 hours ago
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'Mother of all default cycles': Australia's debt trap nightmare
www.dailymail.com
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The RBA increased the cash rate by 25 basis points to 4.35 per cent on Tuesday, which turns the financial screws some more on a growing - and very vulnerable - group of young Australians.
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