Many struggled even before rate increase

By Colin Brinsden, Aap Economics and Business Correspondent
Updated May 9 2022 - 12:46am, first published 12:43am
Increased mortgage stress was coming into focus for borrowers even before the recent cash rate rise.

Many Australians will struggle to make ends meet in an economic environment of rising interest rates and when their wages are failing to keep pace with rampant inflation.

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