RBA attempts to tighten grip on inflation with another rate hike
Philip Lowe delivers another 25bp hike – as widely expected – with more in the pipeline.
RBA attempts to tame inflation, expects economy to slow and unemployment to rise.
The Reserve Bank of Australia has delivered another rate hike as it tries once again to grip hold of inflation and kick it to the sidelines.
Marking the RBA’s first decision of the year, the central bank hiked the cash rate target by a further 25 basis points to 3.35%.
Economists expected a
Want to read more? It's easy.
Choose your best value subscription option
Student
Exclusive offer for uni students studying at a New Zealand university (valued at $499).
Individual
Group membership
NBR Marketplace
Yearly Premium Online Subscription
NZ$499.00 / yearly
Monthly Premium Online Subscription
NZ$44.95 / monthly
Smartphone Only Subscription
NZ$24.95 / monthly
Premium Group Membership 10 Users
NZ$350+GST / monthly
$35 per user - Pay by monthly
credit card debit
Premium Group Membership 20 Users
NZ$600+GST / monthly
$30 per user - Pay by monthly
credit card debit
Premium Group Membership 50 Users
NZ$1250+GST / monthly
$25 per user - Pay by monthly
credit card debit
Premium Group Membership 100 Users
NZ$1875+GST / monthly
$18.75 per user - Pay by monthly
credit card debit
Yearly Premium Online Subscription + NBR Marketplace
NZ$499.00 / yearly
Already have an account? Login
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
