search
Bullock
Trends
- 1RBA raises cash rate to 4.6% as Bullock explains decision●RBA interest rates: governor Michele Bullock explains decision to lift cash rate to 4.6%
The Reserve Bank of Australia has lifted the cash rate to 4.6%, with governor Michele Bullock publicly explaining the board's reasoning. The move means higher borrowing costs for Australian households and businesses, and Bullock's comments on inflation and the outlook are being closely watched by markets, homeowners and commentators for signs of what the central bank may do next.