'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

Credit card interest rates are on the rise

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

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