# Australia raises rates to highest level since 2008 financial crisis

https://mins.news/en/item/126577

- Financial Times, 2026-11-03 04:37 UTC
- Economy
- Original: https://www.ft.com/content/60283bdf-e45d-4723-a68e-5a857a5b949e?syn-25a6b1a6=1

> Australia’s central bank has raised rates for the fifth time this year, taking them to their highest level since the 2008 financial crisis as inflation remains above target.

## Related coverage

- [Australia’s central bank raises rates to an 18-year high as split vote hints at a pause](https://mins.news/en/item/126627) — Reuters, 2026-11-03
- [Australia raises rates to an 18-year high to fight inflation](https://mins.news/en/item/126513) — CNBC, 2026-11-03