Interest rates continue to rise, but how high will they go?

By Noel Whittaker
August 11 2022 - 12:00pm
There are two very different viewpoints as to what the future may look like regarding interest rates. Picture: Shutterstock.
There are two very different viewpoints as to what the future may look like regarding interest rates. Picture: Shutterstock.

Interest rates have just increased by 50 basis points taking the cash rate to 1.85 per cent. It was no surprise - the Reserve Bank has made it clear that rate rises will continue until interest rates reach a level that they regard as normal.

Subscribe now for unlimited access.

$0/

(min cost $0)

or signup to continue reading

See subscription options

Get the latest Narooma 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.