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The Reserve Bank is widely tipped to raise interest rates again this afternoon which will make it the fifth increase since May. For a mortgage holder with a $750,000 debt, a double rate increase today, which is expected by many, would take the increase in repayments to $1000 a month more than what they were paying at the start of the year. | ABC News
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The Federal Reserve announces the nation’s largest rate hike in more than 20 years
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