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RBA hits pause on interest rates

Greg Cary
Article image for RBA hits pause on interest rates

The Reserve Bank of Australia has announced their cash rate decision for July, PAUSING interest rates at 4.1 per cent. 

This is the second time in 15 months the RBA has paused an interest rate increase.

The rate decision comes amidst expert warnings of heightened financial pressure on first-home buyers and mortgage holders.

Greg Cary
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