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RBA Lifts Cash Rate to 4.35 per cent after November Meeting

rba cash rate no 2023

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rba cash rate no 2023

RBA Lifts Cash Rate to 4.35 per cent after November Meeting

In the 13th cash rate rise in 19 months, the RBA today has lifted the cash rate by 0.25 percentage points with the cash rate now landing on 4.35 per cent.

Before the November meeting, the cash rate sat at 4.1 percent which is the highest its been since April 2012.

This means the average borrower with a $500,000 mortgage, will be shelling out an additional $76 per month in addition to the extra $1,120 since rates started increasing in May 2022.

 

 

 

 

 

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