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.
Comments