https://www.live-feeds.com/feed/australia-central-bank-raises-interest-rates-to-highest-level-in-18-yearsContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/australia-central-bank-raises-interest-rates-to-highest-level-in-18-yearshttps://www.live-feeds.com/feed/australia-central-bank-raises-interest-rates-to-highest-level-in-18-years#u188348Mon, 09 Nov 2026 16:30:59 +0000The Reserve Bank of Australia increased its benchmark cash rate by 25 basis points to 4.85 percent, marking the highest interest rate level in 18 years and the fifth rate hike of the year. The decision aims to combat persistent inflation, though it marks a split vote among policymakers. The move immediately impacts mortgage borrowers, forcing families to stretch budgets and pick up extra shifts. Meanwhile, the Australian share market fell sharply as investors reacted to overseas tech stock losses.Why it mattersCentral bank actions follow ongoing pressures to tame inflation and cool domestic ec