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The New Daily
The New Daily
Business
George Hyde

Reserve Bank hikes interest rates to seven-year high

Jacqui Lambie demands govt act as RBA lifts rates again 10 News First – Disclaimer

The Reserve Bank has lifted the official cash rate by another 0.5 basis points, to take official rates to a seven-year high.

The central bank’s fifth rate hike in as many months takes the cash rate to 2.35 per cent – the highest it has been since early 2015.

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