On Cup Day, the Reserve Bank of Australia (RBA) revealed its official cash rate decision for November.
The RBA has chosen to raise the official cash rate by 0.25 percent, elevating it from 4.1 percent to 4.35 percent.
This rate hike comes after a sequence of four consecutive holds, which started in July 2023, and marks the highest point the cash rate has reached since November 2011. Contact us.
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