RBA increases cash rate to 3.60%

The Reserve Bank of Australia lifted the official interest rate by 25 basis points to 3.60% as it continues its fight to reduce inflation.

The decision was in line with market expectations, as the RBA had recently signalled it intended to make at least two more interest rate rises in the coming months.

With so much uncertainty about interest rates, it can help to talk to an expert. Contact me if you’d like to discuss your situation and options.

Book an appointment