Treasurer Jim Chalmers and Governor of the Reserve Bank of Australia, Michele Bullock (AAP). Source: AAP / Susie Dodds/AAPIMAGE
The Reserve Bank of Australia has raised interest rates for a second consecutive month, citing persistent inflation and global economic uncertainty. The move comes as Middle East tensions push fuel prices higher, adding further pressure on households and mortgage holders.
The Reserve Bank of Australia has raised interest rates for a second consecutive month, citing persistent inflation and global economic uncertainty. The move comes as Middle East tensions push fuel prices higher, adding further pressure on households and mortgage holders.
