“Recession roulette”: Eleventh interest rate hike in a year sparks concerns Economy Poppy Johnston 3 May 2023 The decision to hike interest rates again after a month on pause has raised concerns the Reserve Bank could nudge the economy into a recession.
“Clouded in uncertainty”: RBA lifts cash rate target to 1.85% as inflation surges Economy David Adams 2 August 2022 Higher interest payments are on the cards for small businesses and household borrowers after the Reserve Bank of Australia lifted its cash rate target by 0.5% to 1.85% on Tuesday.