Westpac forecasts a bigger 0.5 percentage point interest rate rise in November
Westpac has become the first big bank in Australia to explicitly forecast a larger 0.5 percentage point interest rate rise next week. Should that larger increase materialise on Melbourne Cup Day, a borrower with a typical $600,000 loan will see their monthly repayments climb by another $181. Inflation in the year to September surged by … Read more