Reserve Bank hands out surprise interest rate hike
Australia's central bank has lifted interest rates by 25 basis points after taking a break from increases last month.
Source: perthnow.com.au
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Forbes Launches Future Of Wealth Summit
Forbes Australia today announced its inaugural Forbes Australia Future of Wealth Summit, taking place on Tuesday June 13 at the Melbourne Cricket Ground.
Source: bandt.com.au
Australian central bank hikes interest rate to 3.85% – Winnipeg Free Press
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Source: winnipegfreepress.com
Australian central bank hikes interest rate to 3.85 per cent
Australia's central bank on Tuesday surprised markets by increasing its benchmark interest rate by a quarter percentage point to 3.85 per cent despite pausing its climb last month and new evidence that inflation is slowing.
Source: ctvnews.ca
RBA delivers 'massive' interest rate hit to millions of Australians already struggling with overwhelming cost pressures
Here's the bottom line for millions of Australians: This is now the 11th rate hike since last May and many of us are already under considerable strain. The hard numbers back this up, writes David Taylor.
Source: abc.net.au