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  • RBA announces yet another interest..

RBA announces yet another interest rate increase

06/06/2023
Deborah Knight and Chris O'Keefe
inflationReserve Bank of Australia
Article image for RBA announces yet another interest rate increase


The RBA has announced another rise in interest rates, just a week after minimum wage increased.

The target cash rate is now 4.1 percent, making it an increase by 0.25 percent.

This is the twelfth increase in thirteen months.

Deborah Knight and Chris O'Keefe
BanksMoney
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