Australia newsHousingInterest ratesReserve Bank of Australia

RBA expected to hike cash rate to 4.6%, its highest level since 2011

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This story was selected and curated by our editorial team in the Australia news category. Published on September 27, 2026 • Originally reported by Luca Ittimani. OMEGAZEPRIME provides independent news coverage and analysis for our readers. Stay informed with the latest developments.

Outcome of meetings of Reserve Bank on Monday and Tuesday will affect Australian mortgage rates, household budgets and house prices

Australia’s key interest rate is expected to hit its highest level since 2011, drag down house prices and add more than $100 to typical monthly mortgage repayments.

The Reserve Bank board is poised to hike the cash rate from 4.35% to 4.6% on Tuesday, which would be the fourth increase in 2026 and push typical home loan interest rates to 6.5%.

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