RBA interest rates live updates: Reserve Bank of Australia announces cash rate hike to 4.85% after meeting today – latest news
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Reserve Bank raises interest rates to an 18-year high, as the treasurer again points to war in the Middle East as a major factor on inflationFull report: RBA hikes cash rate for fifth time this year in blow to mortgage holdersUse our loan calculator to check how the rate rise may affect youGet our breaking news email, free app or daily news podcastThe Reserve Bank has hiked rates for the fifth time this year, from 4.6% to 4.85%, in a bid to regain control of surging inflation amid the ongoing gl
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