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WA Treasurer Rita Saffioti calls for interest rate cut as new figures show thousands to move to higher rates


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WA Treasurer Rita Saffioti calls for interest rate cut as new figures show thousands to move to higher rates

WA Treasurer Rita Saffioti is urging the RBA to cut interest rates, as new data shows more financial pain is coming for more than 40,000 WA mortgage holders who are about to switch from fixed home loans to a variable rate.

New figures by the Reserve Bank of Australia, obtained by ******** Senator Dean Smith, show 450,000 fixed home loans across Australia will switch to a variable rate this year.



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