Why the ‘Lucky Generation’ without mortgages is still dismayed by RBA rate hike | ABC NEWS

7 months ago The News Room

A group of retirees has mixed feelings about the Reserve Bank’s call to increase interest rates for the first time in two years.
While they’re in good financial positions, they worry for their children, who have big mortgages.
Meanwhile, ABC’s The Business spoke with young families and renters doing it tough.
One young family says they will probably have to move out of the area they love to find somewhere to live as their child grows.

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