Business

RBA interest rates: Reserve Bank hikes cash rate to 4.6%, the highest level since 2011

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AI Summary

Widely expected decision is fourth increase to interest rate this year and will be blow to mortgage holders across Australia Follow our Australia news live blog for latest updates Get our breaking news email, free app or daily news podcast The Reserve Bank has lifted its key interest rate to 4.6%, its highest level since 2011, from 4.35%. Newsiline summarises this report from The Guardian Australia and links readers to the original publisher for the full story.

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Sources

The Guardian Australia: Read full story at source

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