Weekly Slice 305: Rates Up - Are More Increases Coming? Morgan Bushell & Todd Sloan
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Morgan Bushell: πππhttps://www.fullcirclefinance.com.au/
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The RBA has lifted rates again. Morgan Bushell from Full Circle Finance has crunched what it actually means for three real borrower profiles: a single, a couple with a portfolio, and parents looking to leverage equity. The result: a 2 to 5% reduction in borrowing capacity, or roughly $25 to $30 extra per week for the average mortgageholder.
But there's a counterforce most people outside the broking world never see. As rates climb, banks quietly relax lending policies to keep attracting borrowers, opening doors even as the headline numbers look grim. Morgan also reads directly from the RBA's latest statement, revealing why further increases may still be on the table driven by global oil supply disruptions and inflation running hotter than expected.
If you've been waiting for clarity before making a move, this episode is a must watch. The cycle isn't over, and the steps you take now could position you for the upswing.
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