The Reserve Bank of Australia will decide today if it will lift interest rate once again.
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ASX to open higher ahead of another RBA rate riseFinancial markets and economists are convinced the RBA will deliver another 0.5 percentage point increase, bringing the cash rate to 1.85 per cent from 1.35 per cent at Tuesday’s policy meeting.
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ASX to open higher before another RBA rate riseFinancial markets and economists are convinced the RBA will deliver another 0.5 percentage point increase, bringing the cash rate to 1.85 per cent from 1.35 per cent at Tuesday’s policy meeting.
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RBA rate rises tipped to slow bank mortgage growthAs interest rates climb, analysts predict the big banks will face slower growth in their lucrative mortgage portfolios | clancyyeates
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Steep interest rate increases set to help, then hinder, banksCommonwealth Bank of Australia will reveal the impact of the RBA’s rate tightening on Q4 earnings, but analysts are warning the bad debt cycle will turn.
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Energy pushes ASX to seven-week peak, United Malt tumblesShares climbed to a seven-week peak with energy leading gains as investors prepare for a likely cash rate increase by the RBA for the fourth consecutive month.
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Mortgage borrowers facing $500 monthly hike ahead of RBA's interest rate decisionThe average Aussie mortgage borrower is facing an extra $500 a month hike on their repayments compared to May if interest rates are hiked tomorrow. 9News
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