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Feb 3 • 05:30 UTC • 🇦🇺 Australia • Guardian Australia

Interest rates: RBA concedes hike to 3.85% is ‘not the news mortgage holders want to hear’ – video

The governor of the Reserve Bank of Australia, Michele Bullock, expresses understanding for mortgage holders while justifying the decision to raise the cash rate to 3.85% for the first time in over two years.

#rba #interest rates #michele bullock #australia #mortgage
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