Reserve Bank increases interest rates, Commonwealth, Westpac, ANZ, NAB set to pass it onto customers

The RBA has hiked the cash rate to 0.85 per cent on Tuesday, meaning mortgage holders will be forced to shell out even more on their monthly repayments as the cost of living soars.

Reserve Bank increases interest rates, Commonwealth, Westpac, ANZ, NAB set to pass it onto customers
The RBA has hiked the cash rate to 0.85 per cent on Tuesday, meaning mortgage holders will be forced to shell out even more on their monthly repayments as the cost of living soars.