Why Rising Interest Rates are Causing Stress

Published 12 July 2022 | By Dale Gillham

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In this week’s Talking Wealth Podcast, Dale discusses the recent interest rate rises by the RBA and how they are causing financial stress for many Australian households. With household debt spiralling out of control, many Australians are now finding they are unable to meet their obligations. But this could have been avoided with some proper planning particularly given we have had record low interest rates for quite some time.