Why the 'Lucky Generation' without mortgages is still dismayed by RBA rate hike | ABC NEWS

A group of retirees has mixed feelings about the Reserve Bank's call to increase interest rates for the first time in two years. While they're in good financial positions, they worry for their children, who have big mortgages. Meanwhile, ABC's The Business spoke with young families and renters doing it tough. One young family says they will probably have to move out of the area they love to find somewhere to live as their child grows. #abcbusiness ABC NEWS provides around the clock coverage of news events as they break in Australia and abroad. It's news when you want it, from Australia's most trusted news organisation. For more from ABC NEWS, click here: https://ab.co/2kxYCZY Watch more ABC NEWS content ad-free on ABC iview: https://ab.co/2OB7Mk1 Go deeper on our ABC NEWS In-depth channel: https://ab.co/2lNeBn2 Like ABC NEWS on Facebook: http://facebook.com/abcnews.au Follow ABC NEWS on Instagram: http://instagram.com/abcnews_au Note: In most cases, our captions are auto-generated. #ABCNEWS #ABCNEWSAustralia