BusinessNews brief

For Avelima’s family, every RBA rate hike means more shifts, a stretched budget – and less time together

WhatsAppXLinkedInEmail
Save for later

Australian families feel like the goalposts are ‘constantly moving’ as they face the impact of a fifth rate rise Sydney mum Avelima Satiu and her husband, Chris, each work two jobs to keep their household afloat. For the couple, every interest rate rise means more shifts, less time together and a family budget stretched even thinner. “We have to review our budget; we usually look at how many extra shifts we can pick up,” Satiu says.

“Even if it’s like an extra $100 or $200 that we get a month, that usually is enough to cover that rate hike.”

Read the original report at The Guardian.

Read in depth: Business

Sources and context

The Guardian

Source headline and summary supplied via NewsData.io. First collected by NewsJaws on 2026-11-04. This is an automated news brief, not original NewsJaws reporting. Dates reflect the source publication. Feed delays may apply.

Topics in this story

More from Business

See all