RBA cash rate increase: Our best resources
Interest rate levels can have far reaching impacts on multiple components of your financial well-being.
The big news this week was the Reserve Bank raising the cash rate to 4.60%. Although expected, interest rate increases may have several direct and indirect impacts on Australians.
Below are some resources available to help you consider the best approach to achieve your financial goals.
Are you concerned about the impact of higher rates on the fiscal situation of heavily indebted governments and your portfolio?
Unconventional wisdom: Navigating an age of economic disorder
The return of the bond vigilantes and the implications on your investment strategy.
The increase in the cash rate may put further pressure on the housing market. For long-time homeowners who have benefited from significant increases in property prices a dip may not mean much. It is a different case for new homeowners.
Young & Invested: What happens if property prices go backwards?
Could a generation of new buyers could be left trapped if the market turns?
In an Investing Compass episode Mark and Shani discussed how to figure out if it is better to pay off your mortgage or invest. Higher mortgage rates factor into the decision.
For non-homeowners or long-time owners, the impact of falling housing prices on the market may be more of a concern.
Changes in property prices can influence the broader economy and corporate earnings, helping to explain potential impacts on sharemarkets.
Should you pay off your mortgage or invest after the latest tax changes?
The equation has shifted with higher interest rates. Find out what your best option could be in an Investing Compass episode.