One year on: How one Canberra family is managing after 11 rate rises

One year since they bought their dream home, Jalal Massadi and Hiam Souweid are no longer surprised by interest rate rises. Picture by Sitthixay Ditthavong

While some economists were surprised by the Reserve Bank's decision to raise the cash rate on Tuesday, it wasn't a shock to home owners who have become accustomed to the rate rise environment.

The May hike marks one year since the rate rise cycle began, totaling 11 increases in 12 months.