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RBA raises official interest rate to 4.1% in blow to mortgage holders
WorldThe Guardiancnbc1mo ago2 sources

RBA raises official interest rate to 4.1% in blow to mortgage holders

Reserve Bank of Australia’s second consecutive increase lifts cash rate target to where it was in February last year Follow our Australia news live blog for latest updates Get our breaking news email, free app or daily news podcast The Reserve Bank has increased interest rates amid a global energy shock that threatens to push Australian inflation towards 5%. The hike takes the RBA’s cash rate target from 3.85% to 4.1%, back to where it was in February 2025, wiping out the relief offered by...

Analysts Discuss Potential Iran Conflict and Global Impact
Worldobservadornewsbeastnz-herald22d ago3 sources

Analysts Discuss Potential Iran Conflict and Global Impact

Geopolitical analysts and commentators are discussing the potential for conflict involving Iran, examining its broader regional implications, and considering its economic impact, such as on mortgage rates. The discussions also touch upon the future trajectory of Iran and its role in regional stability.

Australia's Central Bank Delivers Third Consecutive Rate Hike to 4.35%
FinanceReutersbloombergFT+11The Guardiancnbcrzeczpospolitatvn24vgel-mundodelfi-ltsydney-morning-herald+3 more9d ago14 sources

Australia's Central Bank Delivers Third Consecutive Rate Hike to 4.35%

The Reserve Bank of Australia (RBA) has implemented its third consecutive interest rate hike, raising the cash rate to 4.35%. This decision was made under pressure from inflation and escalating Middle East tensions, impacting would-be homebuyers and cementing Australia's outlier status among central banks.