Australian shoppers forced to cut back on Christmas spending after latest interest
Australian shoppers are facing pressure to cut back on Christmas spending amid rising interest rates, with bankers estimating people with $1M mortgages will need to pay $737 more per month. Blackburn, an expert in personal finance, advises shoppers to plan carefully and avoid overspending, and to consider alternative solutions such as credit cards or early buying.
Take it further — get the full app and never miss a moment of what's happening in Australia.
This publisher's site can't be shown here due to their security settings.
Open full article →No source link available for this article.
Published 07 Nov 2026, 20:18 UTC · Updated 07 Nov 2026, 20:21 UTC
Summary by OZbrief Editorial. Original report: 7 News. Editorial policy · Corrections
Trending
- UK cannot 'cherry pick' EU single market deal, Barnier tells BBC
- USA women throttle Switzerland 7-0 to open hockey worlds amid jersey dispute
- Savvy Spy continues form surge at Rosehill then dumps jockey
- Pope in 'pretty good health' as he starts Latin America tour
- Keenan hat-trick inspires six-try Ireland to emphatic win against Argentina
- Dozens of Democrats eyeing 2028 presidential run, says former Obama aide