RBA announces yet another interest rate increase

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06/06/2023

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Deborah Knight and Chris O'Keefe

The RBA has announced another rise in interest rates, just a week after minimum wage increased.

The target cash rate is now 4.1 percent, making it an increase by 0.25 percent.

This is the twelfth increase in thirteen months.

Deborah Knight and Chris O'Keefe

Banks Money

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