So the interest rates have just gone up by 25 points to 6.75% and pundits are already tipping another .25% in December.
So why didn't they just do 50 points today?!? Maybe because it'd be a political handout to Labor or just a plain ol' killer to the Liberals?
But, just to freak out everyone with a mortgage, myself included, some are now tipping it'll be 7.25% by FEBRUARY! Matthew Johnson wrote it here: http://www.businessspectator.com.au/...C?OpenDocument
Very worrying indeed. What does everyone else think?