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RBA hikes interest rates again

AUSTRALIA-ECONOMY-RATE

The Reserve Bank of Australia building in Sydney (Getty) (Photo by Saeed KHAN / AFP) (Photo by SAEED KHAN/AFP via Getty Images) Source: AFP / SAEED KHAN/AFP via Getty Images

The Reserve Bank of Australia has increased interest rates again, causing mortgage holders to worry about rising repayments. The latest in a series of hikes by the central bank to combat inflation has left the cash rate at 3.35 percent - its highest level since 2012.


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