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Afternoon Update: RBA hikes cash rate for second straight month; Trump seeks to delay China summit amid Iran war; and the 6.30pm rule

Afternoon Update: RBA hikes cash rate for second straight month; Trump seeks to delay China summit amid Iran war; and the 6.30pm rule

Published: March 16, 2026 · The Guardian

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Hike takes Reserve Bank’s cash rate target from 3.85% to 4.1%, wiping out the relief offered by two cuts last year