Rate hike puts pressure on Queensland mortgages | ABC NEWS

Queensland has the second-largest mortgages in the country, with the state’s southeast corner most affected. With yesterday’s Reserve Bank decision to lift the cash rate to 4.6 per cent, the highest level in 15 years, some homeowners are looking at selling. #ABCNewsQld by Jordan Bissell Subscribe: http://ab.co/1svxLVE Note: In most cases, our captions are auto-generated. #ABCNEWS #ABCNEWSAustralia