Outcome of meetings of Reserve Bank on Monday and Tuesday will affect Australian mortgage rates, household budgets and house prices Get our breaking news email , free app or daily news podcast Australia’s key interest rate is expected to hit its highest level since 2011, drag down house prices and add more than $100 to typical monthly mortgage repayments. The Reserve Bank board is poised to hike the cash rate from 4.35% to 4.6% on Tuesday, which would be the fourth increase in 2026 and push typical home loan interest rates to 6.5%. Continue reading...
RBA expected to hike cash rate to 4.6%, its highest level since 2011
Source: The Guardian
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Earlier reports and follow-ups on the same developing story.
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- · The GuardianRBA interest rates: Reserve Bank raises cash rate to highest level in 15 years and warns of more hikes ‘if needed’
- · The GuardianUK government pays highest interest rate on 10-year debt since 1999 at bond auction – business live
- · CNBC30-year Treasury bond yield scales to highest level since 2002
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