EconomyRBA raises cash rate to 4.6%, highest level since 2011

The Reserve Bank of Australia raised its cash rate from 4.35% to 4.6%, its fourth increase this year and the highest level since 2011. The widely expected move will increase repayments for millions of mortgage holders. Underlying inflation is expected to remain at 3.6% in August, above the RBA’s 2%-3% target range.

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TThe Guardian★★★☆☆2026-09-29 04:30Original