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Name: RBA rate hike provides further blow to Australians struggling with cost of living
Uploaded: 2022-06-07T10:26:47.549Z
Duration: 2 min 38 s
Description: Australia’s cash rate has risen dramatically for the second month in a row, up by a full half a percent to 0.85 per cent. It's the biggest one month increase since February 2000, well ahead of most economists' predictions.

RBA rate hike provides further blow to Australians struggling with cost of living

Published 7 June 2022, 9:51 am

Australia’s cash rate has risen dramatically for the second month in a row, up by a full half a percent to 0.85 per cent. It's the biggest one month increase since February 2000, well ahead of most economists' predictions.

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Australia