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RBA interest rates: Reserve Bank of Australia leaves official cash rate steady at 4.1%
(www.theguardian.com)
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Already got a message from NAB yesterday that our mortgage repayments are going up yet again, so unless they're backtracking on that after today's decision, I feel like many people are in fact not breathing a sigh of relief.
Some banks aren’t passing on rate rises immediately; it could be that NAB is incorporating a previous cash rate rise into your new interest rate.