SBS News – Australia ·australia ·3 hours ago

Live updates: RBA to hand down its latest interest rates decision

Australia's Reserve Bank announced its latest interest rate decision Tuesday, with markets expecting a 0.25 percentage point increase. All four major banks predicted a hike that would add $91 to monthly repayments on a $600,000 mortgage. The RBA's Monetary Policy Board met to discuss the potential rate rise ahead of the 2:30pm AEST announcement.

Summary by Glance · SBS News – Australia

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