Economy
RBA interest rates: Reserve Bank hikes cash rate to 4.6%, the highest level since 2011
Widely expected decision is fourth increase to interest rate this year and will be blow to mortgage holders across Australia
Published
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The Reserve Bank has lifted its key interest rate to 4.6%, its highest level since 2011, from 4.35%.
The widely expected fourth increase to the cash rate this year will add to repayment costs for millions of mortgage holders across the country.
