Business
Reserve Bank of Australia Considers Rate Hike
The Reserve Bank of Australia is under pressure to raise interest rates again after July's inflation figures came in higher than expected. This could impact millions of mortgage holders.
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The Guardian
ABS says CPI was 3.5% in July, casting doubt on Reserve Bank meeting its 2.5% inflation target without further hikeFears are growing that the Reserve Bank will hit millions of mortgage holders with a fourth rate hike this year, after inflation eased in July but by far less than expected.</
2026-08-26 06:44 UTC