Friday,
19 September 2025
Cost of living bites

YOUNG people who bought house and land packages in Wangaratta are now facing a tough decision whether to build or not as they struggle with high inflation and rising interest rates.

In a strategy to grind down the current 7.8 per cent inflation, the Reserve Bank Australia (RBA) cash rate lifted to 3.25 per cent this month, pushing most variable home loan interest rates above 6pc.

ANZ economists ...

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