INSIGHTS: Hardest Rate Rise in 40 Years


Australia's mortgage burden has passed 1989 levels, with 35.5% of household income going to repayments before the latest rise, and we break down why government spending, not oil or war, is driving a 4% inflation read. We also unpack the Chalmers-Howard tax comparison (a $786b tax take running a $22b deficit), why real spending is falling for every age group except the over-65s, where the terminal rate likely sits, and what it all means for gold in Australian dollars.

Read the full news post here.