• Middle income earners are now calling debt hotlines in distress

  • Jul 8 2024
  • Duración: 14 m
  • Podcast

Middle income earners are now calling debt hotlines in distress  Por  arte de portada

Middle income earners are now calling debt hotlines in distress

  • Resumen

  • More Australians than ever are now holding down more than one job. It’s just one example that illustrates the perfect economic storm that surrounds us. A toxic mix of growing mortgage repayments and rents, plus broad inflation.

    So, what’s the way out for those in financial distress?

    Today, senior economics correspondent Shane Wright on when we might next see an interest rate cut, or rise. And what it means that the Reserve Bank governor has gone a particularly long time, without giving a speech.

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