Australia news live: Chalmers says ‘near universal expectation’ of global rate hikes; Australia to meet with OpenAI this week after breach

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RBA expected to hike cash rate to 4.6%, its highest level since 2011


Australia’s key interest rate is expected to hit its highest level since 2011, drag down house prices and add more than $100 to typical monthly mortgage repayments.

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https://www.theguardian.com/australia-news/live/2026/sep/28/labor-anthony-albanese-openai-ai-hacks-coalition-one-nation-medicare-budget-ntwnfb