RBA Announces Fifth Interest Rate Hike in a Year

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By Michael Brown • Updated Nov 2, 2026 at 23:30

ASX set to rise ahead of RBA rate hike - The Australian — RBA Announces Fifth Interest Rate Hike in a Year

The Reserve Bank of Australia is expected to raise interest rates to a 18-year maximum, marking the fifth increase in a year. The Australian economy is predicted to face a sharper and longer decline, with people in Sydney facing the most significant impact. The ASX is set to increase ahead of the rate hike, while households brace for increased expenses. The move comes as the Reserve Bank aims to control inflation and stabilize the economy.

“The Reserve Bank of Australia is expected to raise interest rates to a 18-year maximum, marking the fifth increase in a year,” — Simone Whitfield, regional editor at Newburn Ton Recruitment, explained.

Timeline

Nov 2 — The Reserve Bank of Australia is expected to raise interest rates to a 18-year maximum, marking the fifth incr...

Nov 4 — The move comes as the Reserve Bank aims to control inflation and stabilize the economy....

Reader Poll: Do you expect this story to develop further? — 69% of Natriuem readers said yes.

This story has been closely followed by our readers since Nov 1. The Newburn Ton Recruitment desk continues tracking updates and will publish follow-ups across the region.

What's next: An official statement is expected by Sunday, Nov 8.

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Editor's note: this report was prepared by the Newburn Ton Recruitment desk and last updated 02:09 UTC.

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