Already house poor or worried you might be? Grab a copy of House Poor:

https://moneybuyshappinessbooks.com/housepoorbook

Want to achieve financial freedom and build lasting wealth? Get the strategies you need—grab your copy of Money Buys Happiness today: http://moneybuyshappinessbook.com

Rates are already near 7% for many borrowers, and with core inflation stuck at 3.6%, the RBA may have no choice but to push higher. In this episode, Lloyd breaks down the numbers behind rising mortgage rates, why inflation refuses to fall, and how Australia’s trillion‑dollar debt is making the problem worse.

◼️ Why inflation is stuck

◼️ How rates could reach 7%

◼️ Australia’s trillion‑dollar debt problem

◼️ How to prepare your finances now

Timestamps:

00:00:00 - Introduction

00:00:32 - Chain of Events Leading to 7% Mortgage Rates

00:01:04 - Recent Rate Hikes and Expectations

00:01:24 - Impact of Inflation on Interest Rates

00:01:56 - Core Inflation and Oil Prices

00:02:28 - Borrowers' Current Mortgage Rates

00:03:10 - Impact of Rate Hikes on Borrowers

00:03:54 - Five Fires Causing Australian Inflation

00:05:30 - Government Spending and Stagflation

00:06:46 - Comparison with Other Economies

00:07:29 - Australia's Growing National Debt

00:08:33 - Government Policies and Inflation

00:09:04 - Practical Steps to Manage Finances

00:10:07 - Preparing for Future Rate Rises

00:11:09 - Advice for Savers and Homeowners

Follow Lloyd:

https://www.instagram.com/lloydjamesross/?hl=en

https://www.linkedin.com/in/lloyd-j-ross-26b7859/

https://www.facebook.com/lloyd.ross.7

https://www.tiktok.com/@lloydjross

https://x.com/lloydjamesross

DISCLAIMER

This content is for educational and informational purposes only. This is not financial, investment, or legal advice. Investing carries inherent risks including potential loss of capital. Past performance does not guarantee future results. Always conduct thorough research and consult with qualified financial advisors before making investment decisions. Individual results vary based on market conditions, personal circumstances, and investment strategy.