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The RBA hikes rates for the first time in more than two years
Michele Bullock, governor of the Reserve Bank of Australia (RBA), attends a news conference at the bank's head office in Sydney, Australia, on Tuesday, Dec. 9, 2025. Australia's central bank kept its key interest rate unchanged for a third straight meeting in a widely expected decision, while reiterating that future moves will hinge on incoming economic data. Photographer: Brendon Thorne/Bloomberg via Getty Images Source: Getty / Bloomberg/Brendon Thorne
The Reserve Bank hiked the cash rate to 3.85 per cent at its first monetary policy meeting of the year.
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