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RBA interest rates: Bullock says ‘pain now’ will prevent worse later as Reserve Bank hikes rates for fifth time
المصدر: World news | The Guardian · نُشر
Reserve Bank of Australia increases official cash rate to 4.85%, bringing it to highest level since 2008 RBA interest rates live updates: Reserve Bank cash rate decision Get our daily political email , free app or daily news podcast The Reserve Bank governor Michele Bullock has s
Reserve Bank of Australia increases official cash rate to 4.85%, bringing it to highest level since 2008 RBA interest rates live updates: Reserve Bank cash rate decision Get our daily political email , free app or daily news podcast The Reserve Bank governor Michele Bullock has said that “some pain now will prevent even worse pain down the track”, after lifting official interest rates to an 18-year high of 4.85% in a bid to combat persistent inflation. The RBA’s decision to hit mortgage holders for a fifth time in 2026 will intensify pressure on indebted households, but there were signs that the central bank will at least now wait through summer to gauge the impact of higher interest rates on the economy. Sign up for Guardian Australia’s Politics, really newsletter here Continue reading...
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Bullock doesn’t see ‘economy cracking at this point’ – as it happened
This blog is now closed RBA hikes cash rate for fifth time in blow to mortgage holders Use our loan calculator to check how the rate rise may affect you Get our breaking news email , free app or daily news podcast The Reserve Bank has hiked rates for the fifth time this year, fro
World news | The Guardian ·
Millions in UK brace to remortgage on worse deals as rate rise looms
More than 2.3m households face jump in payments in 2027, after expected increase in Bank of England rate this week More than 2.3m UK households face a sharp rise in mortgage payments as they come off fixed-rate deals in 2027, with the Bank of England expected to begin raising int
Business | The Guardian ·
Budget 2026: how to beat the new savings tax rates
John Healey’s budget offered a ‘sting in the tail’ for savers by raising tax rates but there are ways to ease the pain Savers were both winners and losers in Wednesday’s budget . In his first outing as chancellor, John Healey dropped a plan to cut the cash Isa limit for under-65s
Business | The Guardian ·
Americans head to the polls for elections that could define Trump's closing chapter
The midterms will shape Congress for the last years of his presidency, writes Sarah Smith, but they are also a test of what politics may look like without him.
feeds.bbci.co.uk ·
Australian Court Hears Challenge to Social Media Ban
Reddit and an Australian digital advocacy group are claiming a law that restricts children younger than 16 from popular platforms infringes on their constitutional rights.
NYT > World News ·