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The New Daily
The New Daily
Matthew Elmas

Economists warn worst is yet to come after June interest rates rise

Westpac passes on latest RBA rate rise 10 News First – Disclaimer

Australians are being warned to expect more interest rate hikes this year, after the Reserve Bank announced its latest hike on Tuesday, citing inflation fears.

The latest 0.25 percentage point hike takes the cash rate target to a decade high of 4.1 per cent – up four percentage points since May 2022.

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