RBA interest rates: Variable rates hit 7 per cent as more mortgage pain likely

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More mortgage pain likely as variable rates hit 7%

https://www.smh.com.au/money/borrowing/more-mortgage-pain-likely-as-variable-rates-hit-7-percent-20230608-p5df2z.html

Debt recovery company Pioneer Credit is seeing a marked increase in the amount of non-performing debt as cost-of-living pressures bite

More mortgage pain likely as variable rates hit 7%

Cross-post / stolen from r/AusFinance