RBA hikes rates to 15-year high amid rising energy costs

SBS Japanese

Interest Rise.png — Credit: AAP Image/Dan Himbrechts, graphic overlay by SBS

The Reserve Bank's monetary policy board has voted to raise the cash rate to 4.6 per cent — a 15 year high. The 0.25 percentage point hike is the fourth this year and was widely anticipated by all major banks and many economists.

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Published 29 September 2026 5:16pm

Presented by Yumi Oba

Source: SBS

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The Reserve Bank's monetary policy board has voted to raise the cash rate to 4.6 per cent — a 15 year high. The 0.25 percentage point hike is the fourth this year and was widely anticipated by all major banks and many economists.

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