RBA raises cash rate to 15-year high - ABC News & Headlines – Australian Broadcasting Corporation
Direct Source Verification:
This story is aggregated from ABC News Australia (abc.net.au). Full reporting rights and copyright belong to the primary publisher.
The Reserve Bank has delivered its fourth rate rise of the year, taking the cash rate to a 15-year high of 4.6 per cent.
The Reserve Bank has delivered its fourth rate rise of the year, taking the cash rate to a 15-year high of 4.6 per cent.
In justifying the move, the RBA has pointed to weak productivity, the war in the Middle East and the artificial intelligence boom driving up the price of technology-related goods.
The decision to raise the cash rate was unanimous and the RBA board has warned there could be more hikes to come.
Reserve Bank Governor Michele Bullock speaks to media in Sydney, Tuesday, September 29, 2026. (AAP Image/Sarah Wilson) (AAP: Sarah Wilson)
Original Source
https://www.abc.net.au/listen/programs/pm/rba-raises-cash-rate-to-15-year-high/107209118