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Australia adds 76,300 jobs in June; August rate-rise odds rise past one in three
Money & Work

Australia adds 76,300 jobs in June; August rate-rise odds rise past one in three

Financial markets put the chance of an RBA rate rise on 11 August at more than one in three, after jobs growth came in well above forecasts.

Why it mattersIf the RBA raises the cash rate again in August, mortgage holders will face higher repayments for the fourth time this year.

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