August 2022 RBA Announcement

In a widely anticipated move, the Reserve Bank of Australia (RBA) increased the cash rate at today’s board meeting, from 1.35% to 1.85%.

This is the fourth month in a row that the RBA has increased the cash rate. Future rate rises are all but certain, possibly as early as September.

August Statement

Regards,

Declan Hanratty

0409 089 456

Vanquish Finance Group

3/178b Gooch Street

THORNBURY VIC 3071

Australian Credit Licence No. 383120

383120

P: 0409 089 456 | View Website

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By Declan Hanratty|2022-09-07T10:05:00+10:00August 3rd, 2022|Categories: Blogs, Creative, Interest Rates, RBA Updates|

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