Published on
Dec 6, 2022
Afternoon Update: RBA rate hike; Kirstie Alley dies; and a heatwave for northern Australia
The Reserve Bank is warning of more rate hikes to come after it raised the cash rate 25 basis points to 3.1%. That’s the eighth consecutive rate rise as Australian households edge closer to a mortgage cliff. There’s at least $270bn in housing debt coming …
Source:
The Guardian
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Center-left
