RBA Governor shows true grit to raise rates by a further 0.25% to hit 4.35%

With the distraction of the general public, taking time out to watch the running of the 163rd Melbourne Cup the Reserve Bank of Australia Board (RBA) has taken a swipe at lingering inflation by raising the base cash rate by 0.25% to a 12-year high of 4.35%. The biggest takeaway from the rate rise is […]