Report
RBA expected to hike cash rate to 4.6%, its highest level since 2011
The GuardianAnalysis
Australia’s cash rate is expected to rise from 4.35% to 4.6% on Tuesday, the highest level since 2011 and the fourth increase of 2026, pushing typical mortgage rates to 6.5%. The hike would add about $119 to monthly repayments on an average new $731,000 mortgage and cut borrowing capacity by a further $11,200.
