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Cash rate up further .25%

The Reserve Bank of Australia has once again lifted the official cash rate this week, taking it to 2.6%, the highest level in nine years.

While the move was widely expected, the amount of increase (0.25 of a percentage point) surprised some commentators who had been predicting double that; it is the first time since May that rates have risen by less than 0.5%.

About Adam Nobel

CEO | Principal
M. Bus, Grad Dip Adv, B.Int Bus, LREA


0417 007 001

Adam is the founder and Principal of Hugo Alexander Property Group. With a previous career in advertising, 22 years experience in property investment, and 16 years in Brisbane real estate, he knows the market inside out to ensure his clients grow their wealth faster.

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