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Australians need good financial advice more than ever to pay for soaring interest rates. Here's how to get it

  • Written by: Peter Martin, Visiting Fellow, Crawford School of Public Policy, Australian National University
Australians need good financial advice more than ever to pay for soaring interest rates. Here's how to get itShutterstock

Hundreds of thousands of us who took out fixed-rate mortgages in 2020 and 2021 are about to be hit with massive increases in payments.

After nine successive interest rate increases and at least two more to come, even those of us on variable rates will soon be paying as much as A$1,000 a month more.

With such an uncertain economic...

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