Consumers brace for sharp rise in rates

By Colin Brinsden, Aap Economics and Business Correspondent
Updated May 11 2022 - 4:56am, first published 4:53am
More than half of Australians expect interest rates will rise sharply over the next year.

Australians are bracing for a sharp rise in interest rates over the next year, but despite the prospect of increasing borrowing costs businesses are still seeking to hire staff at record levels.

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