RBA Interest Rate Rise to 4.85% Adds Pressure Before Christmas

The RBA has raised interest rates to 4.85 per cent, adding to cost-of-living, housing and business pressures ahead of Christmas.

The RBA has raised interest rates to 4.85 per cent, adding to cost-of-living, housing and business pressures ahead of Christmas.

Member for Flinders, Zoe McKenzie, highlights financial pressures in her electorate, urging interest rate relief despite encouraging inflation figures.