Editor
Likely Reserve Bank rate rise will add to financial stress of borrowers
Peter Hannam
The eight members of the Reserve Bank are meeting just now to decide whether to lift its key interest rate later today, a move that would mark the unlucky 13th increase since May last year.
(There should be nine members, but the deputy governor’s position has been vacant since Michele Bullock took over as the boss on 18 September and won’t be filled until next month, treasurer Jim Chalmers said on Sunday.)
