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RBA interest rates live updates: Reserve Bank of Australia hikes rate to 4.85% in blow to mortgage holders – latest news
Finance

RBA interest rates live updates: Reserve Bank of Australia hikes rate to 4.85% in blow to mortgage holders – latest news

From 29m ago Reserve Bank raises interest rates to 4.85% Patrick Commins The Reserve Bank has hiked rates for the fifth time this year, from 4.6% to 4.85%, in a bid to regain control of surging inflation amid the ongoing global oil shock triggered by the war i…

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