In a widely anticipated move, the Reserve Bank of Australia (RBA) increased the cash rate at today’s board meeting, from 1.35% to 1.85%.
This is the fourth month in a row that the RBA has increased the cash rate. Future rate rises are all but certain, possibly as early as September.
Regards,
Declan Hanratty
0409 089 456

3/178b Gooch Street
THORNBURY VIC 3071

Australian Credit Licence No. 383120
383120

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