Reserve Bank of Australia decision on Tuesday comes after three consecutive cash rate hikes this year
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The Reserve Bank has left its official interest rate on hold at 4.35%, after economic activity slowed and unemployment hit a four-year high.
The widely expected decision on Tuesday will bring little relief to mortgage holders, already strained by the RBA’s three consecutive rate hikes earlier in 2026.
Continue reading...Originally reported by The Guardian. Read the full story at the original source.
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