# RBA interest rates: Reserve Bank hikes cash rate for fifth time this year in blow to mortgage holders

- Source: Guardian World
- Published: 2026-11-03T03:30:59+00:00
- Category: Local
- Original: https://www.theguardian.com/australia-news/2026/nov/03/rba-interest-rates-decision-cash-rate-november-reserve-bank-australia
- Canonical: https://groundlevelnews.com/story/rba-interest-rates-reserve-bank-hikes-cash-rate-for-fifth-time-this-ye-19b799/

Reserve Bank of Australia increases official cash rate to 4.85%, bringing it to highest level since 2008 RBA interest rates live updates: Reserve Bank cash rate decision Get our daily political email , free app or daily news podcast The Reserve Bank has hiked rates for the fifth time this year, from 4.6% to 4.85%, in an attempt to regain control of surging inflation amid an ongoing global oil shoc

_Ground Level News shows a short summary only; the full article and all rights belong to Guardian World._