RBA hikes official interest rate to 4.35% in blow to mortgage holders
Published by WarSignal Editorial · Last updated
Reserve Bank of Australia raises rates for third consecutive meeting, lifting them to early-2025 levels Follow our Australia news live blog for latest updates Get our breaking news email , free app or daily news podcast The Reserve Bank has delivered a third straight interest rate hike to contain growing inflationary pressures linked to higher fuel prices, even as it warned the Iranian war would deliver a major blow to the economy.
The widely expected decision to lift the cash rate to 4.35%, from 4.1%, comes as the central bank revealed a gloomy new set of forecasts that showed intensifying cost of living pressures alongside weaker growth. Continue reading...
Verification Status
unverified — Unverified — single source, not yet confirmed This event has been confirmed by 1 independent sources.
Location
Sources (1)
About This Report
This report is generated by WarSignal's multi-source intelligence pipeline. Information is collected from wire services, OSINT channels, and partner APIs, then clustered, verified, and published with editorial oversight. Source attribution and verification status are displayed for full transparency. For our complete methodology, visit our Sources & Methodology page.