Australian families feel like ‘the goalposts are constantly moving’ as they face the impact of a fifth interest rate rise
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Sydney mum Avelima Satiu and her husband, Chris, each work two jobs to keep their household afloat. For the couple, every interest rate rise means more shifts, less time together and a family budget stretched even thinner.
“We have to review our budget; we usually look at how many extra shifts we can pick up,” Satiu says. “Even if it’s like an extra $100 or $200 that we get a month, that usually is enough to cover that rate hike.”