RBA fires off race day interest rate hike
Mortgage-holders have been hit with another interest rate rise as the Reserve Bank intensifies its fight against inflation.
Mortgage-holders have been hit with another interest rate rise as the Reserve Bank intensifies its fight against inflation.
Reserve Bank board members have explicitly left a pause on the table at the next meeting in April as the economic outlook remains uncertain.
Confidence among mortgage holders has sunk to its lowest point since interest rates started rising.
The central bank is getting closer to putting interest rates on hold but the Reserve Bank governor expects it will need to go higher to drive inflation down.
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