Interest Rates rise for tenth consecutive time
![](https://de9znd9hicg5y.cloudfront.net/wp-content/uploads/2023/03/07165856/shutterstock_1065368042.jpg)
Play
Stop
The Reserve Bank of Australia today announced that interest rates would rise for a a tenth consecutive time- increasing by 0.25% to 3.6%.
This represents the highest interest rates have been since 2012, where they hit 3.6% in May of that year.
RBA governor, Phillip Lowe, has signaled that at least one more rise might be on the cards, but analysts predict things will start to stabilise soon.
(Visited 96 times, 1 visits today)
Download Audio