RBA will lift interest rates for the ‘last’ time for the year: Terry McCrann

RBA will lift interest rates for the ‘last’ time for the year: Terry McCrann

The Herald Sun’s Business Commentator Terry McCrann says the Reserve Bank of Australia will increase rates of interest by 25 foundation factors and it is going to be “the last interest rate rise for the year”.

“There’s too big of a gap to February for them to leave it unchanged – so it’ll be 25 points,” Mr McCrann mentioned.