Business 8 sources · over 2 days 22 articles

RBA Raises Rates to 4.85% as Australia's Housing Slump Deepens

Australia's fifth interest rate increase this year takes borrowing costs to an 18-year high, adding pressure on mortgage borrowers as house prices fall and inflation remains above target.

Read the full story → · Latest coverage 3 Nov 2026, 5:13 am UTC

Key moments · 5

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 ↗

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