If economists are correct, borrowers will be looking at another 50 basis point increase as the RBA tries to rein inflation as it balloons towards seven per cent this year from an already lofty 5.1 per cent.
Read more at Yahoo Finance
There appears little doubt that the Reserve Bank of Australia will lift the cash rate again when its board meets on Tuesday, the third monthly hike in a row.
If economists are correct, borrowers will be looking at another 50 basis point increase as the RBA tries to rein inflation as it balloons towards seven per cent this year from an already lofty 5.1 per cent.
Read more at Yahoo Finance