BankingFinanceRBA Lifts Cash Rate to 4.85%, an 18-Year High, in Split Vote as Borrowers Brace for Another HitRohan KumarNovember 3, 2026 by Rohan KumarNovember 3, 202606 The Reserve Bank of Australia has raised its official cash rate to 4.85%, the highest level since 2008, delivering its fifth increase of the year...
BankingReserve Bank of Australia Lifts Rates to 4.85%, an 18-Year High, in Split VoteRohan KumarNovember 3, 2026 by Rohan KumarNovember 3, 20262 19 The Reserve Bank of Australia has raised interest rates to their highest level in 18 years, warning that bringing inflation back to target will take...