Australia Raises Interest Rates to 18-Year High in Split Vote
The Reserve Bank of Australia's fifth increase this year takes rates to 4.85%, as persistent inflation collides with falling house prices and forecasts of slower growth.
Read the full story → · Latest coverage 4 Nov 2026, 7:43 am UTC
Chapters · 2
Key moments · 9
Westpac profit misses expectations as CEO warns of uncertainty
Bloomberg ↗Westpac forecasts an 11% fall in house prices
Sydney Morning Herald ↗Australia's housing slump deepens ahead of expected rate increase
WSJ ↗Expected rise to highest rates since 2008 sparks recession fears
Sydney Morning Herald ↗RBA raises interest rates for fifth time this year
Sydney Morning Herald ↗RBA raises cash rate to highest level since 2008
The Conversation ↗Governor forecasts markedly slower economic growth
The Independent ↗Sydney residents worry about covering higher repayments
Sydney Morning Herald ↗Treasurer faces mounting pressure to find budget savings
Sydney Morning Herald ↗


