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Australia news live: RBA hikes official cash rate to highest level since 2011 as Chalmers says move ‘will make things tougher’ for many Australians

Australia news live: RBA hikes official cash rate to highest level since 2011 as Chalmers says move ‘will make things tougher’ for many Australians
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It’s been quite a day for the news cycle! Before we say goodbye, let’s recap the day’s top headlines: The Reserve Bank has lifted its key interest rate to 4. 6%, its highest level since 2011, from 4.

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More from the Middle East desk

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