Monetary Policy

Government, regulation, monetary policy and geopolitics — the decisions in Canberra and abroad that set the rules for business.

RBA Lifts the Cash Rate to 4.85% in a 6–3 Split and Pushes Back Its Inflation Timeline
Monetary Policy RBA Lifts the Cash Rate to 4.85% in a 6–3 Split and Pushes Back Its Inflation Timeline

The fifth increase of the year takes the cash rate to its highest level since late 2008. Three board members wanted to wait, and Macquarie was first to pass the rise on in full.

Admin User • 3 November 2026