Watch FIFA World Cup 2026™

LIVE, FREE and EXCLUSIVE

Watch

RBA lifts official cash rate to 1.35 per cent

Published
The Reserve Bank has done what many predicted, lifting the official cash rate 50 basis points to 1.35 per cent as inflation continues to rise. The move will put more pressure on already strained household budgets with the Treasurer warning things will continue to worsen over the coming months.
Tags
Australia
Share

Get SBS News straight to your inbox

Sign up now for daily news from Australia and around the world. You can also subscribe to Insight's weekly newsletter for in-depth features and first-person stories.

By subscribing, you agree to SBS’s terms of service and privacy policy including receiving email updates from SBS.

Follow SBS News

Download our apps

Listen to our podcasts

Get the latest with our News podcasts on your favourite podcast apps.

Watch on SBS

SBS World News

Take a global view with Australia's most comprehensive world news service

Watch now

Watch the latest news videos from Australia and across the world