Interest rates raised again

AUSTRALIA-ECONOMY-RATE

The Reserve Bank of Australia building in Sydney Source: AFP / SAEED KHAN/AFP via Getty Images

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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