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RBA interest rates: Reserve Bank hikes cash rate to 4.6%, the highest level since 2011

adminSeptember 29, 20261 min read

Widely expected decision is fourth increase to interest rate this year and will be blow to mortgage holders across Australia

The Reserve Bank has lifted its key interest rate to 4.6%, its highest level since 2011, from 4.35%.

The widely expected fourth increase to the cash rate this year will add to repayment costs for millions of mortgage holders across the country.

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The post RBA interest rates: Reserve Bank hikes cash rate to 4.6%, the highest level since 2011 appeared first on World news | The Guardian.

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