News on this topic
Experts backing interest rate cut next week, with more on way
Experts backing interest rate cut next week, with more on way: Economists say conditions are right for the Reserve Bank to deliver relief for mortgage holders.
9news.com.au/national/finder-survey-most-experts-predict-rba-to-cut-interest-rates-this-month/c14dbcb9-c9fc-4e00-bb70-9280e80b1294
Similar to This
RBA lifts interest rates to highest level in 18 years to try to dampen ...
RBA lifts interest rates to highest level in 18 years to try to dampen inflation: RBA lifts interest rates to highest level in 18 years, in majority decision by ...
abc.net.au/news/2026-11-03/rba-lifts-interest-rates-november-2026-highest-rate-in-18-years/107340050
Key FactsRBA raises cash rate to 4.85 per cent
5 days ago · Reading time: ~45 sec.
Summary created with AI assistance · Source: abc.net.au
  • The 0.25-percentage-point increase was the fifth rate rise in 2026; the cash rate was last this high in late 2008.

  • Six board members backed the increase, while three voted to keep the target at 4.60 per cent.

  • The RBA expects inflation to remain high for much of 2027 and not fall below 3 per cent until late that year.

  • The unemployment rate is projected to average 5.1 per cent in the December 2028 quarter, compared with an August forecast of 4.8 per cent.
  • “We are not looking to tip the economy into recession if we can avoid it. But we do need to get inflation down, and we do have excess demand at the moment, so that is the key.”— Michele Bullock, governor of the Reserve Bank of Australia, said this at a press conference in response to a question about whether further rate rises could push the Australian economy into recession.
‘GREATEST LOT OF CRAP’: Bouris unleashes, drops dire new rates prediction
‘GREATEST LOT OF CRAP’: Bouris unleashes, drops dire new rates prediction: The Reserve Bank of Australia has hiked the cash rate to 4.6 per cent at its September ...
news.com.au/finance/economy/australian-economy/calls-for-rba-to-consider-supersized-rate-hike-as-interest-rates-set-to-hit-highest-level-since-2011/live-coverage/95cb3037bd28c0858bd400ede7b0e7c4
150,000 words, zero guarantees: Bullock’s high-stakes interest rate ...
150,000 words, zero guarantees: Bullock’s high-stakes interest rate revolution: Michele Bullock has faced 22 press conferences, answered 600 questions and ...
smh.com.au/politics/federal/150-000-words-zero-guarantees-bullock-s-high-stakes-interest-rate-revolution-20260928-p60tmx.html
RBA delivers welcome relief – but also nine words no borrower wanted to ...
RBA delivers welcome relief – but also nine words no borrower wanted to see: The Reserve Bank’s widely expected rate hold has come as a huge relief for ...
nine.com.au/business-news/rba-delivers-welcome-relief-but-also-nine-words-no-borrower-wanted-to-see-20260616-p607dy.html
The PM is on a collision course with the RBA, and he’s dragging you with ...
The PM is on a collision course with the RBA, and he’s dragging you with him: It might sound great, but cutting fuel excise will just add to inflationary ...
theage.com.au/politics/federal/why-the-pm-s-fuel-excise-cut-will-drive-the-rba-mad-20260330-p5zjxv.html
Frustrated RBA governor fires up at question
Frustrated RBA governor fires up at question: RBA governor Michele Bullock has clashed with Nationals senator Matt Canavan after he accused her of “gaslighting” ...
news.com.au/finance/economy/australian-economy/rba-governor-has-faced-more-opposition-questions-on-government-spending/news-story/b7768590eaa8dc824099029a4924bcb5
RBA governor grilled over rising inflation
RBA governor grilled over rising inflation : RBA governor Michele Bullock has refused to blame the Albanese government for rising inflation ...
abc.net.au/news/2026-02-06/rba-governor-refuses-to-blame-government-for-rising-inflation/106313266
Watch 9News Latest Stories - Season 2025 - RBA leaves cash rate at 3 ...
Watch 9News Latest Stories - Season 2025 - RBA leaves cash rate at 3.60 per cent ahead of Christmas | 9Now
9now.com.au/9news-latest-news/season-2025/clip-cmiy8owwu00060hmpkgfscm41/
‘Absolute shocker’: Rate cut hopes dashed
‘Absolute shocker’: Rate cut hopes dashed: An “absolute shocker” inflation report has dashed any hopes of back-to-back interest rate cuts.
news.com.au/finance/money/costs/rate-cut-hopes-diminish-as-inflation-spikes/news-story/fd34e799884ab55fc777e70204b8f96c
A century of secrecy coming to an end for Reserve Bank
A century of secrecy coming to an end for Reserve Bank: Since its inception, divisions within the Reserve Bank over the direction of interest rates have been ...
theage.com.au/politics/federal/a-century-of-secrecy-coming-to-an-end-for-reserve-bank-20250614-p5m7f4.html
Reserve Bank could deliver shoppers plenty of pre-Christmas cheer
Reserve Bank could deliver shoppers plenty of pre-Christmas cheer: The expectation of an interest rate cut next month has soared in recent days ...
theage.com.au/politics/federal/reserve-bank-could-deliver-shoppers-plenty-of-pre-christmas-cheer-20250606-p5m5e9.html
Lenders are cutting home loan rates ahead of expected RBA interest rate ...
Lenders are cutting home loan rates ahead of expected RBA interest rate cut: Lenders are cutting fixed and variable rates in an attempt to attract customers ...
abc.net.au/news/2025-05-15/home-loan-market-ahead-of-reserve-bank-interest-rate-decision/105286978
Why soaring property prices could dampen future interest rate cuts
Why soaring property prices could dampen future interest rate cuts: Inflation is declining and global growth is under a cloud but feeding rate cuts into an ...
abc.net.au/news/2025-05-13/why-soaring-property-prices-could-dampen-future-rate-cuts/105284238
Inflation higher than expected but RBA rate cut still on cards
Inflation higher than expected but RBA rate cut still on cards: Australia’s inflation figures have come in a little higher than expected, potentially throwing a ...
theage.com.au/politics/federal/inflation-higher-than-expected-but-rba-rate-cut-still-on-cards-20250430-p5lvaw.html
RBA governor says bank was too late to hike interest rates
RBA governor says bank was too late to hike interest rates: Michele Bullock says the bank’s heavy-footed response to inflation weighed on the board’s mind as it ...
smh.com.au/politics/federal/rba-governor-says-bank-was-too-late-to-hike-interest-rates-20250221-p5ldyu.html
No relief for borrowers as Reserve Bank leaves interest rates on hold at 4 ...
No relief for borrowers as Reserve Bank leaves interest rates on hold at 4.35%: The RBA’s decision to leave the cash rate unchanged comes as underlying inflation ...
theguardian.com/australia-news/2024/nov/05/rba-interest-rates-november-meeting-inflation-data
Key FactsRBA Holds Interest Rates Steady for Eighth Meeting
Nov 5, 2024 · Reading time: ~30 sec.
Summary created with AI assistance · Source: 9news.com.au
  • The Reserve Bank of Australia (RBA) has kept the cash rate unchanged at 4.35 percent for the eighth consecutive meeting.

  • The RBA forecasts that underlying inflation will not return to target until 2026.

  • Australia's major banks predict that the first interest rate cuts will not occur until February 2024.

  • Despite rising property prices, lending to first-home buyers has increased by 8.8 percent.