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ABC News
ABC News
Business
Bridget Judd, Jessica Riga and business reporter Gareth Hutchens

Interest rate updates: ANZ, NAB and Westpac pass on Reserve Bank's eighth consecutive rate rise — as it happened

Several of Australia's major banks have increased interest rates following a decision from the Reserve Bank to lift the cash rate for the eighth consecutive time.

The change will add about another $75 to the monthly payment on a 25-year, $500,000 mortgage.

Look back on Tuesday's updates and reactions as they happened in our blog.

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