The Reserve Bank announced yesterday Australian households will be hit by their 13th interest rate hike since May 2022, increasing interest rates by 25 basis points to 4.35%.
Finance Guru Road Mark Bouris is in shock over the announcement, saying on Triple M’s Breakfast with Marto, Margaux and Dan that the decision isn’t justified by the current data.
“I’m in shock that the Reserve Bank let Australians talk them into it.” said Bouris.
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