RBA tries to break the back of inflation with another cash rate hike to 4.10%
The RBA has hiked the official cash rate for the 12th time since April 2022, increasing it to 4.10%. What’s the impact to your monthly repayments and will the increases keep coming? On 6th June the RBA again released another 25 basis point cash rate rise. The reprieve in April now appears false hope for…