The Commonwealth Bank was the only of the big four still forecasting a cut in September, but now borrowers are being warned to 'plan for a hike'.
Interest rate hikes would have very little if any, impact on the price of tobacco, petrol, food, alcohol or child care. So why are they deemed the answer?
A major Australian bank has dropped its interest rates as economists speculate whether the Reserve Bank of Australia (RBA) will cut the cash rate at all this year.