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Interest rates raised again

banks, oxfam report, australia

Banks Source: AAP

The Reserve Bank of Australia has raised interest rates once again, leaving mortgage holders concerned about rising repayments. The latest in a series of hikes from the central bank aimed at combatting inflation has left the cash rate at 3.35 per cent - its highest level since 2012.


Published

By Sam Dover

Presented by Krishna Pokhrel

Source: SBS



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The Reserve Bank of Australia has raised interest rates once again, leaving mortgage holders concerned about rising repayments. The latest in a series of hikes from the central bank aimed at combatting inflation has left the cash rate at 3.35 per cent - its highest level since 2012.



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