Another rate rise hits home 

THE Australian cash rate target graph shows the direction of change in the cash rate since 1990. The RBA meets monthly to determine its monetary policy which involves setting a target for the cash rate.
Lizzie Hallam

SOUTHERN Grampians Livestock and Real Estate said it remained positive about the local property market despite the decision by the Reserve Bank of Australia (RBA) Board on Tuesday to increase the cash rate target by 50 basis points.

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