Interest rate rises, page-36

  1. 29,699 Posts.
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    My family coming back over or thinking about it are australian so they wont have an issue
    The beauty is if interest rates go up so does the savers interest...really you cant lose if you come back to australia with money and the exchange rate is just the icing on cake...anyway a good correction never hurt anyone like anything in life as long as you can sleep at night who cares
    Biggest worry is people struggle to pay rent now so higher rents are going to sting
    On the plus side house rates should go down plus land tax....certainly interesting times
 
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