ABC News (Australia) published this video item, entitled “Reserve Bank lifts interest rates to reach 10-year high | The Business | ABC News” – below is their description.
The Reserve Bank has lifted interest rates by 0.25 of a percentage point, taking the cash rate target to 3.1 per cent. The increase — the eighth in eight months — will add around $75 to the monthly repayments of a household with a $500,000 mortgage debt on a 25-year term.
ABC News (Australia) YouTube Channel
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