Chalmers to announce $6b budget boost as interest rates set to hit 15-year-high

Interest rates jump to 15-year high

The Reserve Bank has voted unanimously to slug homeowners with another hike, with the cash rate lifted to 4.6 per cent.

Sep 29, 2026

Australia raises interest rates to 15-year high

Reserve Bank of Australia lifts benchmark rate to 4.6 percent amid stubborn inflation.

Sep 29, 2026

RBA hikes interest rates to 4.6 per cent in 15-year high

The board’s decision will add about $91 a month to repayments on a typical $600,000 mortgage with 25 years remaining.

Sep 29, 2026

Chalmers to announce $6b budget boost as interest rates set to hit 15-year-high

The Reserve Bank is widely expected to make its fourth hike of the year on Tuesday, raising the cash rate to 4.6 per cent to address sticky inflation.

Sep 27, 2026