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Judo Bank Chief Economic Advisor Warren Hogan says there’s “no way” Australia can rule out further rate hikes.

Mr Hogan’s remarks come after the Reserve Bank of Australia decided to leave the cash rate on hold at 4.10 per cent.

“I think this is really just a breather; they don’t want to be relentlessly raising rates every month,” Mr Hogan told Sky News Business Editor Ross Greenwood.