The Reserve Bank of Australia (RBA) has unanimously voted to raise the cash rate by 0.25%, which means your home loan repayments will go up. The decision has been made because the Labor Government cannot rein in its spending. Data shows 80% of new jobs created in Australia are government-created jobs - meanwhile, small businesses are failing at a record rate. When the Labor Party refuses to listen to economists, you pay the penalty through higher interest rates. For those trying to buy a house,

The Reserve Bank of Australia (RBA) has unanimously voted to raise the cash rate by 0.25%, which means your home loan repayments will go up. The decision has been made because the Labor Government cannot rein in its spending. Data shows 80% of new jobs created in Australia are government-created jobs - meanwhile, small businesses are failing at a record rate. When the Labor Party refuses to listen to economists, you pay the penalty through higher interest rates. For those trying to buy a house,

The Reserve Bank is expected to increase interest rates for the first time in over two years, making Australia the only major nation to resume tightening monetary policy amid rising inflation. | Sunrise

Sky News host Steve Price ridicules Victorian Premier Jacinta Allan for criticising the Reserve Bank after Tuesday's interest rate rise decision. | Sky News Australia