‘Not just to hurt’: RBA defends rate rises

‘Not just to hurt’: RBA defends rate rises

The Reserve Bank says higher rates do more than just punish mortgage holders, and the truth could change how you think about the cash rate.

Borrowers’ cash flow squeeze gets ‘way too much attention’: RBA

As mortgage holders feel the pain of rising interest rates, the Reserve Bank is stressing that exchange rates are the most important channel for monetary policy.

What Higher Interest Rates Mean for You

  Another interest rate rise. If you have a mortgage, that probably isn’t the news you wanted. On 30 September, the Reserve Bank increased the cash rate by 0.25 percentage points to 4.60%. It is the highest cash rate since 2011, with the RBA pointing to inflation that remains too high and recent economic data ...