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The New Daily
The New Daily
The New Daily

‘Smashing families’: Premiers take aim at RBA rate rises

Daniel Andrews and Chris Minns have launched sprays at the RBA over interest rates. Photos: Getty/AAP/TND

The premiers of Australia’s three biggest states have taken aim at the RBA over rapidly rising interest rates, following Tuesday’s decision to impose another hike.

The Reserve Bank surprised markets, and many Australian observers, on Tuesday with its decision to lift the official cash rate to a decade-high 3.85 per cent.

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