A foreign war could raise your mortgage

Global events can have a significant impact on financial markets, inflation, and the decisions made by central banks. When energy prices rise, businesses and households can experience increased costs, which may contribute to inflationary pressures. In response, central banks may adjust interest rates as one of the tools available to help manage inflation. For households with significant debt, changes in interest rates can have a direct impact on borrowing costs and cash flow. While we cannot control global events, we can prepare by understanding how economic changes may affect our financial position and ensuring our strategies are built to withstand uncertainty. Strong financial planning is not about predicting every event. It’s about creating flexibility, managing risk, and making informed decisions for the future. General advice only. Consortium Private Wealth AFSL 495401
Disclaimer || The information provided in this post is general in nature only and does not constitute personal financial advice. Robert Goudie is an Authorised Representative (No. 235974) of AFSL 495401.