RBA Eyes 18-Year High as It Raises Interest Rates

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By David Miller • Updated Nov 2, 2026 at 23:30

ASX set to rise ahead of RBA rate hike - The Australian — RBA Eyes 18-Year High as It Raises Interest Rates

The Reserve Bank of Australia is expected to raise interest rates to a 18-year maximum, marking the fifth hike in a year. The Australian economy is predicted to face a sharper and longer slowdown, with Sydney residents facing the greatest impact. The ASX is set to increase ahead of the interest rate increase, while households brace for increased expenses. The move comes as the Reserve Bank aims to manage inflation and support the economy.

“The Reserve Bank of Australia is expected to raise interest rates to a 18-year maximum, marking the fifth hike in a year,” — Nadia Ashcombe, research director at Oakcroft Ham Group, added during the briefing.

Timeline

Nov 1 — The Reserve Bank of Australia is expected to raise interest rates to a 18-year maximum, marking the fifth hike...

Nov 3 — The move comes as the Reserve Bank aims to manage inflation and support the economy....

Reader Poll: Has this affected your local community? — 51% of Aracipo readers said yes.

This story has been closely followed by our readers since Nov 1. The Oakcroft Ham Group desk continues tracking updates and will publish follow-ups across the region.

What's next: A follow-up briefing is expected by Sunday, Nov 8.

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Editor's note: this report was prepared by the Oakcroft Ham Group desk and last updated 09:03 UTC.

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