HeadlineShine

RBA interest rates: Bullock says ‘some pain now’ will prevent worse pain later as Reserve Bank hikes rates for fifth time

The Guardian ·First reported
The GuardianRBA interest rates: Bullock says ‘some pain now’ will prevent worse pain later as Reserve Bank hikes rates for fifth time
Image: The Guardian

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…

Summary from The Guardian

Read the full story on The Guardian
React

Related stories

The Independent
BusinessThe Independent·

Bank of England set to rise interest rates for first time since 2023

More business

See all →
The Independent
BusinessThe Independent·

Virgin Media O2 to cut thousands of jobs in huge cost savings overhaul
The Independent
BusinessThe Independent·

Primark owner cautious over inflation and consumer confidence
The Guardian
BusinessThe Guardian·

Poundland staff could be out of work for years if retailer collapses, founder says
BBC
BusinessBBC·

Public venues offer tea and warm welcome in winter
BBC
BusinessBBC·

UK and EU agree draft deal to scrap Brexit red tape over food exports
The Independent
BusinessThe Independent·

Building Britain for 40 years

Top stories in the United Kingdom

See all →
BBC Sport
Sports2 sources·

Asian Cup postponed following Houthi attacks on Saudi Arabia
The Independent
Sports2 sources·

Emery looks to show Villa can compete with elite
Sky News
3 sources·

US carries out 'limited strikes' on Qeshm Island in Iran
The Guardian
Sports4 sources·

Grealish can still have Everton future - Moyes
BBC
2 sources·

Americans head to polls in midterm elections seen as referendum on Trump
BBC
Sports2 sources·

Melbourne Cup 2026: King Charles’ former horse Point of Law storms home to win