Reserve Bank poised to hike rates by up to 50 basis points

Gerard Cockburn
July 5 2022 - 5:30am
Economists are predicting Australia's cash rate by the end of year will go beyond 2 per cent. Picture: Shutterstock
Economists are predicting Australia's cash rate by the end of year will go beyond 2 per cent. Picture: Shutterstock

Home owners are set to brace for a more than a hundred-dollar add-on to their mortgages amid predictions the central bank could invoke a double rate hike to try and curb inflation.

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Gerard Cockburn

Gerard Cockburn

Economics Reporter

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