The central bank of Australia announced today at the 6th of this month's meeting about monetary policy maker's decision about rising the interest rate for the fifth time during the last six meetings about 25 basis point to reach interest rate of 4.25%

It's worth mentioning that the bank decision issued same as the financial analysts expectations, as they expected this raising especially after improvement in labor sector and Australian's economy during the recovery of mining sector. Monetary policy makers pointed before that interest rate still below average and they suggest a monetary policy modification during the upcoming period to keep the inflation rate in secure area on the mid term.