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Key rate hikes intensify pressure on Australian mortgage holders
K-rising interest rates are squeezing Australian mortgage holders, lifting repayments and household stress while raising concerns over housing demand and broader consumer spending.
Keeping household budgets under strain, Australian mortgage holders are facing renewed financial pressure as interest rates rise again. Borrowers reported higher monthly repayments, reduced disposable income, and growing stress amid persistent inflation and elevated living costs. Economists warned that repeated rate increases could slow housing activity and consumer spending, while policymakers balance inflation control against the risk of deeper financial strain on indebted households.