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Mortgage holders can breathe a sigh of relief after the Reserve Bank halted its unprecedented run of interest rate rises. The central bank board left the cash rate – which guides interest rates sent by lenders – at 3.6 per cent when it met…

Mortgage holders will be hoping for a pre-Easter pause in interest rate hikes when the Reserve Bank meets on Tuesday. The central bank board will decide whether it will lift the cash rate, which guides interest rates set by lenders, for the…

NSW Premier Dominic Perrottet has called on the banks to think twice before passing on Tuesday’s Reserve Bank (RBA) rate hike, imploring financial institutions to “look after” struggling families. Australia’s interest rate now sits at 3.35…

As the Reserve Bank of Australia looks to lift interest rates for a ninth consecutive time on Tuesday, one Sydney-based mortgage broker estimates her monthly repayments have increased by $1500 over the past year. “It’s sitting at about…

A young new property owner is regretting her decision as the Reserve Bank of Australia (RBA) hiked interest rates to a 10-year high. Sammie Baker, 24, strategically bought a Brisbane apartment in July this year when her borrowing capacity…

Westpac is the first big bank to announce it will pass on the latest interest rate hike.Australian’s worst fears were confirmed on Tuesday with the Reserve Bank of Australia pushing up interest rates for the eighth consecutive month.The RBA…

The boss of Australia’s central bank has issued a sombre warning about how the worst is still yet to come for interest rates and inflation. Australians are already feeling the financial pain after the Reserve Bank (RBA) announced another…

The first of Australia’s largest banks has reacted to the interest rate rise earlier on Tuesday and unsurprisingly, has opted to pass on the full hike to its customers. At 2.30pm on Tuesday, the RBA lifted interest rates by 25 basis points.…