The Reserve Bank of Australia (RBA) today decided to increase the official cash rate for the tenth consecutive time, this time by 0.25% to 3.60%.
Despite a slightly lower inflation figure of 7.4% in January, stronger than expected January retail sales have encouraged the RBA to remain on the increase path.
If you'd like to have a chat about what today's news means for you and your finances, please don't hesitate to get in touch.
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