Another Interest Rate Rise!!!!!

[Julie]

How pathetic

Whats pathetic exactly?


Back on topic.. I am concerned about interest rates rising but for different reasons than how much more interest we'd be paying on a mortgage. What concerns me is moreso the knock on effects. People are going to have less disposable income, so that could mean a downturn in sales for me, especially as I make my money from non-essential items. Could mean that I have to lower prices so more people can afford them or raise them so I make decent money from those who are loaded.

 

[LeojVS]

Yep, I got my notice from The CBA today informing me of how much more I will owe. A little rough since I have taken a $47K per year pay cut recently. Yes, that was 47, 000. half my pay.See under my username to explain.I hope it stops soon. Im already sweating.