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Newcastle Herald

National

Jade Lazarevic

RBA announces sixth consecutive rate hike

RBA Newcastle Herald

Interest rates are set to reach a nine-year high after the Reserve Bank Australia handed down a sixth consecutive cash rate hike on Tuesday.

Three months after first speaking with the Newcastle Herald, Kyle Griffiths and Tash Ngo are still coping with rate rises. Picture Max Mason-Hubers.

The RBA lifted the cash rate a further 25 basis points to 2.60 per cent, up from a record low 0.1 per cent at the start of May.

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Top stories on inkl right now

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Prosecutors say one passenger wouldn't take no for an answer.

We Got This Covered

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

DOJ: Three Men Charged in $74 Million IRS Refund Scheme Involving 16,000 Checks

Clever Dude

US justice department sues California over alleged noncitizen voting

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