07/06/2022 - Finance Hub & Network
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RBA increases cash rate for second consecutive month, to 0.85%

The Reserve Bank of Australia (RBA) has increased the official cash rate by 50 basis points to 0.85%. How much extra should you expect to pay on your home loan? Today’s cash rate hike is the second in as many months, with the RBA last month increasing the official cash rate from a record-low 0.10% […]

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