Increasing interest rate is unavoidable for the country economy growth but 0.25 % look little too much as this current time period where most of the people around the Australia still not finanicially well to bear this rate.Never ever trust government wordings as they are politician and always control the population on false promises. Hope one day crypto will kick them out of mainstream of economy and make the people have freedom to take their own decesion for their financial problem.
it is a sign of things to come. They are slowly increasing the interest rate and also increasing the fitness rate for testing, meaning few people will be able to get a loan and that loan will be less. This means that the housing prices will fall, but with the increasing interest rates, more will be forced to sell - setting up for a collapse.