'We've got a little bit longer to go': RBA's chief economist says one thing is needed to end rate rises - Nine.com.au

The cost of credit cards is increasing due to higher interest rates

Credit card interest rates are rising as debt levels grow. Economists suggest that government spending will be a key element in the economy's prospects. Meanwhile, private equity firms are showing interest in Healius, and a cancer survivor is at threatened by losing their home. The Reserve Bank of Australia's chief economist says one thing is needed to end rate rises, and City economists forecast that interest rates will not reach 4.75% by next summer.

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