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Business · Video brief

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

The Reserve Bank of Australia has increased the cash rate to 4.85%, marking its fifth hike this year. This decision significantly impacts mortgage holders as inflation continues to rise amid global oil price increases.

The Guardian· Nov 3, 2026 · 10:58 AM · 3 views

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The Reserve Bank of Australia has increased the cash rate to 4.85%, marking its fifth hike this year. This decision significantly impacts mortgage holders as inflation continues to rise amid global oil price increases.

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#news #breaking #Australia #RBA #economy #inflation #mortgage #finance

Originally reported by The Guardian. Read the full story →

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