Millions of Australians could be hit with the twin blow of soaring petrol prices and higher mortgage repayments amid rising expectations that the US-Israel war on Iran will force the Reserve Bank to hike rates on Tuesday.
Economists at three investment banks have shifted to now predict that the RBA board will increase the cash rate to 4.1% at the conclusion of its upcoming two-day meeting, after the central bankโs deputy governor, Andrew Hauser, said data had โconfi
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