RBA interest rates live: Reserve Bank of Australia meeting today before cash rate decision and announcement – latest news
OMEGAZEPRIME News
This story was selected and curated by our editorial team in the Australia news category. Published on November 2, 2026 • Originally reported by Nick Visser. OMEGAZEPRIME provides independent news coverage and analysis for our readers. Stay informed with the latest developments.
This story was selected and curated by our editorial team in the Australia news category. Published on November 2, 2026 • Originally reported by Nick Visser. OMEGAZEPRIME provides independent news coverage and analysis for our readers. Stay informed with the latest developments.
Reserve Bank raises interest rates to an 18-year high, the fifth hike this year
Full report: RBA hikes cash rate for fifth time this year in blow to mortgage holders
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The Reserve Bank has hiked 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 decision to hit mortgage holders again comes as no surprise after inflation jumped to 4.3% in the year to September, and following tough talk from senior central bank officials over recent days and weeks.
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