Australians face first cash rate increase in a decade

The RBA has increased Australia’s cash rate to 0.35%, the first increase in over a decade.
Oliver Peterson spoke with Brooke Corte from Nine’s Money News to discuss the macroeconomic implications.
Press PLAY to hear Brooke’s economic perspective on the rate rise
Oliver Peterson further discussed how this increase will impact our housing market with Nerida Conisbee from Ray White.
Press PLAY to hear Nerida’s housing perspective on the rate rise
Press PLAY to hear the Financial Services Minister’s response to today’s rate increase.