RBA interest rates: governor Michele Bullock explains decision to lift cash rate to 4.6%
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The Reserve Bank of Australia has raised its key interest rate to 4.6%, its highest level since 2011. Subscribe to Guardian Australia on YouTube and hit the bell to see new videos ► https://www.youtube.com/@guardianaustralia?sub_confirmation=1 RBA governor Michele Bullock says the global AI boom has 'driven significant price rises' and is contributing to demand in the Australian economy. In a statement accompanying the RBA's rate setting board's unanimous decision, it warned its fears about inflation are beginning to be realised and it is ready to lift interest rates again RBA interest rates: Reserve Bank hikes cash rate to 4.6%, the highest level since 2011 ► https://www.theguardian.com/business/2026/sep/29/rba-interest-rate-announcement-decision-cash-rate?CMP=gdnaus_yt Get the latest news at theguardian.com ► https://www.theguardian.com/au?CMP=gdnaus_yt Support Guardian Australia ► https://support.theguardian.com/contribute?CMP=gdnaus_yt Sign up to Guardian Australia's free dail
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