Reserve Bank hikes official cash rate to 4.1 per cent in bleak sign for mortgage holders

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Extra pressure has been placed on Australian mortgage holders after the Reserve Bank delivered another cash rate hike. As predicted by the big banks and most economists, the RBA voted to lift the official cash rate from 3.85 per cent to 4.1 per cent on Tuesday. [{ "selector": ".rpljo-a", "duration": "500ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "transform": "translateX(calc(360px - 30px))", "opacity": "1", "visibility" :"visible"}, {"offset": 1, "transform": "translateX(0)", "opacity": "1", "visibility" :"visible"} ] }]