Reserve Bank interest rates rise boosts Riverina savers but puts brakes on spending

Rex Martinich
By Rex Martinich
Updated May 3 2022 - 10:53am, first published 8:20am
DEBT PRESSURE: RSM Director Andrew Bowcher, who advises individuals and businesses on bankruptcy, debt and financial pressure.

Wagga financial experts have predicted that rising interest rates will deliver a long-awaited boost for cash savers but will encourage many people to cut back on spending around the region.

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Rex Martinich

Rex Martinich

Journalist

Journalist for the Daily Advertiser in Wagga Wagga covering politics and data. Mobile: 0437 853 137 Email: rex.martinich@dailyadvertiser.com.au

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