Interest rates are likely to rise — but by how much? | 7.30 | ABC News
The Australian economy is in uncharted territory. The average household is struggling with record levels of debt and many are repaying massive mortgages each month. At the same time, wage growth is stubbornly low but the cost of living is rising. To top it off, the Reserve Bank is now signalling it will likely raise interest rates. Here's part two of an Alan Kohler special series. Watch part one here: • Many getting left behind as the cost of li... Subscribe: / abcnewsindepth ABC News In-depth takes you deeper on the big stories, with long-form journalism from Four Corners, Foreign Correspondent, Australian Story, Planet America and more, and explainers from ABC News Video Lab. Watch more ABC News content ad-free on iview: https://ab.co/2OB7Mk1 For more from ABC News, click here: https://ab.co/2kxYCZY Get breaking news and livestreams from our ABC News channel: / newsonabc Like ABC News on Facebook: / abcnews.au Follow ABC News on Instagram: / abcnews_au Follow ABC News on Twitter: / abcnews Note: In most cases, our captions are auto-generated. #ABCNewsIndepth #ABCNewsAustralia
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