Aussies are more exposed to rising interest rates due to mostly variable rate mortgages, but have managed to pay off bills despite predictions of financial distress, according to RBA assistant governor Christopher Kent. Mortgage arrears rates remain low, with borrowers using savings buffers to offset increased mortgage payments. The RBA credits low unemployment and regulatory measures for helping homeowners maintain their financial position, with major banks reporting that the average mortgage holder is ahead on payments and experiencing minimal financial hardship despite higher interest rates.
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Anna Hay: West Coast Eagles end worst-ever season with small glimmer of hope
West Coast's difficult 2025 season ended with just one win, but hope shines through with young players like Jobe Shanahan and Lucca Grego showing promise. Meanwhile, Adelaide faces challenges without suspended Izak Rankine, and Gold Coast's finals hopes hinge on a crucial upcoming match against Essendon after a narrow loss to Port Adelaide. Want More Context? 🔎
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