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The Commonwealth Games means more than gold to athletes around the world

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This is the end of the men’s 67kg weightlifting competition at the Birmingham 2022 Commonwealth Games and Kiribati’s Ruben Katoatau, 25, is one of the most popular contenders among fans and the media. He didn’t win gold or silver or bronze, and even he didn’t understand why there was so much interest in him. It could be the enthusiasm he uses to approach every lift, and the big smile that comes after every success. Or it could be the spirit of “Friendly Games”, where everyone is happy to see competitors from small countries get a chance to shine. And, no matter how good the gold, for many like Katoatau, being a part of the event means a lot. “I’m very happy with the audience. I’m very happy for that,” he said. “I get fire on my platform, and I lift weights. I really give it my all.” Katoatau says weightlifting is not very popular on the Pacific Island. Ruben Katoatau of Kiribati also competed at last year’s Tokyo Olympics. ( Reuters: Edgard Garrido ) He was inspired to start the sport

Are you a saver? This is what the cash rate increase means to you

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Are you one of the many savers who cheer when interest rates start to rise? For years, record low interest rates meant anyone with money in the bank got little or no interest. The Reserve Bank this week raised the official interest rate by 0.5 percentage point, its third increase in as many months. If you’re having trouble paying the higher interest rates on your mortgage, we’re here to help. But if you’re a saver (and don’t want to invest), here are three options for parking your money. First, what will happen to the interest rate on my savings account? Depends. The official cash rate has gone up, but that doesn’t mean everyone will earn more interest on their savings. It is up to individual lenders to decide how much of the Reserve Bank’s rate hikes to pass on to savers (and mortgage borrowers). Some lenders have already started going through the July hikes. In June, the big four banks were slow to pass rate hikes to their savings accounts and not all continued the hike in full. So i