Economic data

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

Guardian World3 November 2026, 03:30 UTCAustralia

Reserve Bank of Australia increases official cash rate to 4.85%, bringing it to highest level since 2008RBA interest rates live updates: Reserve Bank cash rate decisionGet our daily political email, free app or daily news podcastThe 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

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RBA Press ConferenceEconomic dataAustralia3 November 2026, 04:30 UTC
Cash RateEconomic dataAustralia3 November 2026, 03:30 UTC
RBA Monetary Policy StatementEconomic dataAustralia3 November 2026, 03:30 UTC
RBA Rate StatementEconomic dataAustralia3 November 2026, 03:30 UTC

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