'We've got a little bit longer to go': RBA's chief economist says one thing is needed to end rate rises - Nine.com.au

The cost of credit cards is increasing due to higher interest rates

Credit card interest rates are rising as debt levels rise. Economists propose that government spending will be a key component in the economy's future. Meanwhile, private equity firms are showing interest in Healius, and a cancer survivor is at facing the possibility of losing their home. The Reserve Bank of Australia's chief economist says one thing is needed to end rate rises, and City economists predict that interest rates will not reach 4.75% by next summer.

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