World News
RBA interest rates live updates: Reserve Bank of Australia announces cash rate hike to 4.85% after meeting today – latest news
Source: World news | The Guardian · Published
Reserve Bank raises interest rates to an 18-year high, the fifth time this year Full report: RBA hikes cash rate for fifth time this year 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
Reserve Bank raises interest rates to an 18-year high, the fifth time this year Full report: RBA hikes cash rate for fifth time this year 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, from 4.6% to 4.85%, in a bid to regain control of surging inflation amid the ongoing global oil shock triggered by the war in the Middle East. The RBA’s decision to hit mortgage holders again comes as no surprise after inflation jumped to 4.3% in the year to September, and following tough talk from senior central bank officials over recent days and weeks. Continue reading...
Related stories
RBA interest rates: Reserve Bank hikes cash rate for fifth time this year in blow to mortgage holders
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 has hiked rates for the fifth
World news | The Guardian ·
UPS beats quarterly expectations, raises full-year guidance again
UPS beat Wall Street expectations for its third-quarter results and raised its full-year guidance for the second quarter in a row.
Business News ·
Australia rushed through ‘ill-thought-out’ under-16s social media ban, Reddit argues as high court challenge begins
Reddit challenges ban on grounds it impinges implied freedom of political communications for teens The Australian government’s rush to pass the under-16s social media ban legislation in 2024 led to “ill-thought-out, over-broad legislation” that has since been narrowed after Reddi
World news | The Guardian ·
Political leaders condemn ‘vicious’ alleged baseball bat attack on One Nation volunteer at his Victorian home
Police confirm arrest of 37-year-old and 14-year-old boy over alleged assault in Torquay on Sunday night Get our breaking news email , free app or daily news podcast Leaders from across the political spectrum have condemned the alleged assault of a One Nation volunteer with a bas
World news | The Guardian ·
Man and boy arrested after allegedly attacking One Nation volunteer with bat
The incident comes amid growing calls for the temperature of political debate in Australia to be turned down.
feeds.bbci.co.uk ·