The Latest Breaking News from RBA

Commonwealth Bank, ANZ, Westpac, NAB to raise variable mortgage rates by 0.25 per cent after RBA rate hike

All of Australia's biggest banks have lifted mortgage rates, matching the Reserve Bank's 25-basis-point increase.

ABC News · May 3, 2022

RBA Governor Philip Lowe is hiking interest rates. Worst case, it'll mean an extra $600 per month on a $500,000 mortgage

Reserve Bank Governor Philip Lowe has announced he will lift the cash rate for the first time in a decade, by 0.25 percentage points, taking it from 0.10% to 0.35%.

The Conversation · May 3, 2022

Paying off a mortgage? Here’s how the RBA interest rate rise will affect your repayments

Rise to 0.35% increases median monthly home loan repayment by up to $118, but rates predicted to reach 2% in a year’s time

The Guardian - AU · May 3, 2022

Reserve Bank interest rates: RBA lifts official cash rate to 0.35% in first rise since 2010

Central bank raises rate by 0.25 percentage points in a move that will stoke cost-of-living debate ahead of federal election

The Guardian - AU · May 3, 2022

RBA lifts cash rate, warns of more to come

The Reserve Bank of Australia board has raised the cash rate by 0.25 percentage points to 0.35 per cent following its monthly board meeting.

AAP · May 3, 2022

Possible Australian rate hike puts cost of living in focus in election campaign

Australia's ruling coalition is bracing for a possible rise in interest rates on Tuesday right in the middle of a national election campaign that could further increase living costs and hamper Prime Minister Scott Morrison's re-election efforts.

Reuters · May 3, 2022

ANZ and CBA to raise after central bank decision – as it happened

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The Guardian - AU · May 2, 2022

ASX loses ground as RBA makes first interest rate rise in 11 years to curb inflation; Aussie dollar surges

The ASX loses ground as the Reserve Bank raises interest rates to curb surging inflation, while US stocks end higher after a volatile trading session, and billionaire Mike Cannon-Brookes becomes the biggest investor in AGL to block its plan to split its business.

ABC News · May 2, 2022

Morning mail: voters unmoved by election promises, RBA to decide on rate rise, female facial hair

Tuesday: Labor leads in polls but both parties struggle to engage voters. Plus: what happens when female facial hair is made visible?

The Guardian - AU · May 2, 2022

The Loop: Civilian evacuation from Mariupol 'very fragile', RBA's cash rate decision looming, Met Gala red carpet rolled out

Keeping you in The Loop with a quick wrap-up of today's headlines.

ABC News · May 2, 2022