RBA Just Triggered the Biggest Mortgage Default Crisis Ever — Millions Will Be Homeless, Data Shows

By Scott Kuru

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The RBA has just hiked interest rates again and this time, the impact could hit harder than most Australians expect. In this video, I break down why the rate hike happened, how it connects to the ongoing oil crisis, and why the real problem runs much deeper than rising fuel prices. We look at how inflation, government spending, and policy decisions have left the economy exposed, why the RBA is raising rates even though it cannot directly fix the issue, and what this means for mortgage holders, renters, and investors. I also unpack the growing pressure on housing affordability, why more Australians are being locked out of the market, and what you can actually do to navigate this environment. 🏘️ Subscribe to stay ahead of the economy, policy, and property market trends shaping your money! ➡️ Timestamps 00:00 - Intro | Aussie economy under pressure 03:01 - RBA rate hike explained 05:53 - How higher rates hit your wallet 08:05 - Policy failures driving housing stress 09:37 - What t

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