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RBA announces tenth consecutive interest rate rise

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Federal Treasurer Jim Chalmers Source: AAP / MICK TSIKAS/AAPIMAGE

The 25 basis-point rise brings the current cash rate to 3.6 per cent and comes as the cost of living continues to increase, particularly affecting Australians with higher home loans.

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The 25 basis-point rise brings the current cash rate to 3.6 per cent and comes as the cost of living continues to increase, particularly affecting Australians with higher home loans.

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