Lower rises expected for the rest of the year, economists say, with the possibility of a pause in the longer termFollow the latest updates with our live blogGet our free news app, morning email briefing or daily news podcastSix months ago, before the Reserve Bank of Australia began raising interest rates, it outlined the risks to financial markets, including the level of housing loans, with household debt relative to income already high, Russia’s invasion of Ukraine and even the need for enhanced cybersecurity.On Friday, the RBA will release its half-yearly financial stability review just days after raising its cash rate for a record sixth consecutive month. Tuesday’s rate rise is tipped to be 50 basis points, taking the rate to 2.85%, marking the fastest run-up since 1994. Continue reading...
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