IN FULL: Reserve Bank raises cash rate target by 0.25 percentage points | ABC News

Result:

Western Australia 3-1 - 211 all out Queensland

Time video:

21:20

Category :

cricket, Australian Sheffield ShieldDAY 3 OF 428-31 OCTDAY 1 OF 430 OCT - 2 NOVDAY 1 OF 431 OCT - 3 NOV

About :

The Reserve Bank has raised its cash rate target by 0.25 of a percentage point, opting against a return to steeper interest rate hikes. Subscribe: http://ab.co/1svxLVE Read more here: https://ab.co/3Uf8SS4 The latest move takes the RBA's cash rate target to 2.85 per cent, up from a record low of 0.1 per cent at the start of May this year, and the highest it has been since May 2013. ABC News provides around the clock coverage of news events as they break in Australia and abroad, including the latest coronavirus pandemic updates. It's news when you want it, from Australia's most trusted news organisation. For more from ABC News, click here: https://ab.co/2kxYCZY Watch more ABC News content ad-free on ABC iview: https://ab.co/2OB7Mk1 Go deeper on our ABC News In-depth channel: https://ab.co/2lNeBn2 Like ABC News on Facebook: http://facebook.com/abcnews.au Follow ABC News on Instagram: http://instagram.com/abcnews_au Follow ABC News on Twitter: http://twitter.com/abcnews Note: In most cases, our captions are auto-generated. #ABCNews #ABCNewsAustralia