Story one of ten today, about five minutes for the lot
Families with a mortgage and two cars lost about $450 a month in discretionary spending.
Why it mattersIt shows which households are most exposed when rates and fuel costs rise together.
Property values fell $34.1 billion in three months as consumer sentiment collapsed 5.2 per cent.
Why it mattersAustralians with mortgages face higher repayments while their home equity shrinks, cutting spending power and household wealth across the economy.
Major banks forecast the RBA will hike rates on 28-29 September, pushing the cash rate to 15-year highs.
A sitting is ten stories, about five minutes, and then you are done for the day.
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