Cup day rate hike extends finishing line for borrowers

By Poppy Johnston
Updated November 7 2023 - 6:25pm, first published 6:22pm
Mortgage holders have been hit with more interest rate pain with a 13th hike announced by the RBA. (Bianca De Marchi/AAP PHOTOS)
Mortgage holders have been hit with more interest rate pain with a 13th hike announced by the RBA. (Bianca De Marchi/AAP PHOTOS)

More financial pain has been unleashed on borrowers after another increase to the official cash rate though the Reserve Bank seems reluctant to move higher again.

Get the latest Jimboomba news in your inbox

Sign up for our newsletter to stay up to date.

We care about the protection of your data. Read our Privacy Policy.