RBA Cash Rate August 2022: Inching Closer to a Neutral Cash Rate!

RBA August 2022

As we welcome in a new financial year, we welcome another not-so-surprising change… The Reserve Bank of Australia has once again lifted the cash rate by 50 basis points, bringing the official rate to 1.85%. This marks the most aggressive rate rise in a 3-month period since 1994 (If you’re wondering,  back then the RBA […]