Australia's Reserve Bank raises interest rates to 15-year high
Summarised from 3 outlets · 6 reports · Updated 29 Sept, 07:55 · Archive
Australia's Reserve Bank has raised its cash rate to 4.6%, the highest since 2011, amid persistent inflation.
The Reserve Bank of Australia has lifted its key interest rate to 4.6% in its fourth increase of 2026, pushing rates to their highest level since 2011. The decision will raise mortgage repayment costs for millions of homeowners. Experts warn that further rate hikes could devastate the property market without addressing underlying housing unaffordability.
How it is being reported
- Australia raises interest rates to 15-year highAl Jazeera · 29 Sept, 07:29
- RBA interest rates: Reserve Bank hikes cash rate to 4.6%, the highest level since 2011Guardian World · 29 Sept, 05:30
- Reserve Bank hikes interest rates to 15-year high amid warning country is barreling towards 'human disaster' and mass layoffsDaily Mail · 29 Sept, 05:30
- Australia news live: Chalmers defends record as RBA’s cash rate decision dueGuardian World · 28 Sept, 21:39
- Further interest rate hikes could ‘devastate’ property market without easing unaffordabilityGuardian World · 28 Sept, 16:00
- RBA expected to hike cash rate to 4.6%, its highest level since 2011Guardian World · 27 Sept, 16:00
In this story: Reserve Bank of Australia · Jim Chalmers · Australia
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