Points of Interest: The Impact of Rising Rates on Australia’s Finance Industry

Date: 11 August, 2022

The elephant in the room has become a rampaging bull: interest rates are rising. Fueled by a perfect storm of international conflict, inflation increases and the changing landscape of fossil fuels, the RBA has challenged Australians in a way not experienced in more than a decade, against a most volatile backdrop compounded by the rising cost of living.