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.


Rex Martinich

Rex Martinich


Journalist for the Daily Advertiser in Wagga Wagga covering politics and data. Mobile: 0437 853 137 Email:

Get the latest Wagga Wagga news in your inbox

Sign up for our newsletter to stay up to date.

We care about the protection of your data. Read our Privacy Policy.