Huge number of Aussies needing a rate cut

News.com.au - 23/01
A whopping 71 per cent of Australian households have reported needing a rate cut just to stay on top of their mortgages, begging for the Reserve Bank to offer relief at their next meeting.

A whopping 71 per cent of Australian households have reported needing a rate cut just to stay on top of their mortgages, begging for the Reserve Bank to offer relief at their next meeting.

New survey data by Mozo shows the extent to which Aussies need a rate cut in the new year when the Reserve Bank of Australia meets 17-18 February.

According to Mozo money expert Rachel Wastell, 10 per cent are completel...
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