RBA raises cash rate for a fourth time in 2026
The Reserve Bank of Australia (RBA) increased its cash rate target by 25 basis points to 4.60% at the September 2026 meeting, aligning with market expectations. This marks the central bank's fourth interest rate hike in 2026 and brings borrowing costs to their highest level since 2011. The decision reflects ongoing inflationary pressures that have persisted despite previous tightening measures by the RBA. The consistent rise in rates indicates a commitment from policymakers to stabilize price growth, even at the cost of higher financial burdens on consumers and businesses.
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