You may have heard news about the cash rate in Australia dropping or rising. It seems pretty important but do you actually know what the cash rate is? And how is it different to interest rates? In the first episode of News Glossary, a new series from Guardian Australia, Matilda Boseley explains the cash rate, interest rates, the difference between the two and how they can affect your daytoday finances. 

Subscribe to Guardian Australia on YouTube and hit the bell to see new videos ► http://bit.ly/gdnaustraliasubs

See all our News Glossary explainers ► https://www.theguardian.com/australia...
Interest rates rise: RBA lifts official cash rate by 50 basis points to 1.35% ► https://www.theguardian.com/australia...

Support the Guardian ► https://support.theguardian.com/contr...

Website ► https://theguardian.com/au
Facebook ►   / theguardianaustralia  
Instagram ►   / guardianaustralia  
Twitter ►   / guardianaus  
TikTok ►   / guardianaustralia  
LinkedIn ►   / guardianaustralia  

Subscribe to the Guardian's other YouTube channels:
The Guardian ► https://bit.ly/guardiannewssubs'>https://bit.ly/guardiannewssubs
Guardian News ► https://bit.ly/guardiannewssubs'>https://bit.ly/guardiannewssubs
Guardian Football ► https://bit.ly/gdnfootballsubs
Guardian Sport ► https://bit.ly/gdnsportsubs
Guardian Live ► https://bit.ly/guardianlivesubs

#guardianaustralia #news #breakingnews #theguardian