RBA interest rates: Reserve Bank hikes cash rate for fifth time this year in blow to mortgage holders

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RBA interest rates: Reserve Bank hikes cash rate for fifth time this year in blow to mortgage holders #945026 5 hours ago
Joined: Feb 2001 Posts: 678,977 Los Angeles, USA Webmaster Launch Director
Webmaster Launch Director Joined: Feb 2001 Posts: 678,977 Los Angeles, USA	RBA interest rates: Reserve Bank hikes cash rate for fifth time this year in blow to mortgage holders Reserve Bank of Australia increases official cash rate to 4.85%, bringing it to highest level since 2008 RBA interest rates live updates: Reserve Bank cash rate decision Get our daily political email, free app or daily news podcast The Reserve Bank has hiked rates for the fifth time this year, from 4.6% to 4.85%, in an attempt to regain control of surging inflation amid an ongoing global oil shock triggered by the war in the Middle East. The RBA’s decision to hit mortgage holders again is no surprise after inflation jumped to 4.3% in the year to September and comes following tough talk from senior central bank officials over recent days and weeks. Continue reading... https://www.theguardian.com/australia-news/2026/nov/03/rba-interest-rates-decision-cash-rate-november-reserve-bank-australia