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RBA Lifts Cash Rate To 3.35% For The Ninth Straight Time

  • Writer: Roman Mackinnon
    Roman Mackinnon
  • Feb 6, 2023
  • 1 min read

The Reserve Bank Of Australia has lifted the official cash rate up 25 basis points to 3.35%. It is the ninth time in a row the cash rate has been hiked. The cash rate hasn't been this high in over a decade with Australians needing to pay more.

The Reserve Banks Of Australia (Crest Property Investments)


On a $500k mortgage, Aussies will need to fork out an extra $81 per month; adding even more pressure on families in a cost of living crisis.

 
 
 

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