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RBA raises interest rates to 18-year high | ABC NEWS
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Mortgage holders are set to be hit with the highest interest rate levels since the global financial crisis almost 18 years ago. The Reserve Bank has announced a hike of 25 basis points from 4.6 per cent to 4.85 per cent, the highest level since November 2008. It’s the fifth rate rise in 2026 as the RBA tried to bring inflation down from above 4 per cent and into the target range of 2-3 per cent. Watch 7NEWS at 6pm for full coverage of today's announcement and what it means for your household. #i
0:43
Mortgage holders are set to be hit with the highest interest rate levels since the global financial crisis almost 18 years ago. The Reserve Bank has announced a hike of 25 basis points from 4.6 per cent to 4.85 per cent, the highest level since November 2008. It’s the fifth rate rise in 2026 as the RBA tried to bring inflation down from above 4 per cent and into the target range of 2-3 per cent. Watch 7NEWS at 6pm for full coverage of today's announcement and what it means for your household. #i
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TikTok7newsaustralia
House prices have fallen for the seventh month in a row, barrelling Australia towards its largest property downturn in 40 years. The RBA hiking the cash rate again today isn't expected to help with prices continuing to drop. The latest House Value Index saw properties drop 1.2 per cent in October, with median national house price now sitting at just under $900,000. But how do Aussies actually feel about falling property prices? #housing #property #housingmarket #propertyprices #realestate
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House prices have fallen for the seventh month in a row, barrelling Australia towards its largest property downturn in 40 years. The RBA hiking the cash rate again today isn't expected to help with prices continuing to drop. The latest House Value Index saw properties drop 1.2 per cent in October, with median national house price now sitting at just under $900,000. But how do Aussies actually feel about falling property prices? #housing #property #housingmarket #propertyprices #realestate
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Interest rates are now at the highest rate in 18 years, after the RBA hiked the cash rate, raising it to 4.85%. The reason?
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Australian businessman Mark Bouris has warned what today's expected RBA rate rise could mean for the country and small businesses. 🔗 Latest at our bio link #MarkBouris #Rates #RBA #Australia #Business
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John Rolfe explains how the latest RBA economic forecasts provide more evidence Treasurer Jim Chalmers isn’t up to the job.
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This is how much mortgages were when rates were 16.5% | ABC NEWS
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