On July 5, 2022, The RBA raised the Australian cash rate by 0.50 percent for the second month running, taking the cash rate to 1.35 percent. For the first time since 2010, the RBA went back-to-back-to-back, raising the cash rate three times in just over two months between May and July 2022 from its record low level of 0.10 percent. Read Post