RBA interest rates: governor Michele Bullock explains decision to lift cash rate to 4.85% – video
Australia's banks reveal they will raise their interest rates in response to the RBA's decision to lift the cash rate for the fifth time in 2026.
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RBA interest rates: governor Michele Bullock explains decision to lift cash rate to 4.85% – video (opens The Guardian in a new tab)
The Reserve Bank of Australia has hiked interest rates for the fifth time this year, from 4.6% to 4.85%, in a bid to regain control of surging inflation amid the ongoing global oil shock triggered by the war in the Middle East. The RBA’s cash rate has now…
Australian banks lift interest rates (opens ABC Australia in a new tab)
Australia's banks reveal they will raise their interest rates in response to the RBA's decision to lift the cash rate for the fifth time in 2026.
