# RBA raises rates for fifth time this year, adding pressure on mortgage holders

https://mins.news/en/item/126522

- The Guardian, 2026-11-03 03:30 UTC
- Economy
- Original: https://www.theguardian.com/australia-news/2026/nov/03/rba-interest-rates-decision-cash-rate-november-reserve-bank-australia

> The Reserve Bank of Australia lifted its cash rate from 4.6% to 4.85%, its highest level since 2008, seeking to curb surging inflation. The move adds pressure on more than 3.3 million households with home loans; monthly interest on a $700,000 mortgage is expected to rise by $107.

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