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Reserve Bank governor Philip Lowe has hinted we may be nearing the end of rate hikes as the cash rate was increased by another 25 basis points. Photograph: Lukas Coch/AAP

Australians with a mortgage have now been hit with a record 10 consecutive interest rate rises, after the Reserve Bank today lifted the cash rate 25 basis points to 3.6%.

But it’s important to pay attention to the Reserve Bank’s words, and in its statement today we see a shift in tone.