I expect that the RBA will raise interest rates by 0.25% to 4.35% at the RBA board meeting on 5 May 2026. Strap yourselves in for a wild
April 23, 2026
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Bordez’s economic commentary brings you up-to-date with insights to the local and global dynamics and drivers at play in Australia’s contemporary economy.
Mortgage interest is usually charged monthly, but the rates are yearly. This means that each time interest is charged, the outstanding amount compounds as interest is applied to interest.