RBA raises cash rate to 4.6%, highest since 2011
The Reserve Bank of Australia lifted its key interest rate to 4.6% from 4.35%, making it the highest level since 2011. The widely expected move was the fourth increase to the cash rate this year and is expected to raise repayment costs for millions of mortgage holders across Australia.

The Reserve Bank of Australia has raised its key interest rate to 4.6%, up from 4.35% and the highest level since 2011.
The widely expected decision was the fourth increase to the cash rate this year. It will add to repayment costs for millions of mortgage holders across Australia.
THE QUESTIONS THIS EVENT LEAVES BEHIND
What conditions would lead the Reserve Bank to stop raising the cash rate?
How evenly will the higher repayment costs be distributed among mortgage holders?
Which households are most exposed to further increases in borrowing costs?
What alternatives could mortgage holders consider if repayments become unaffordable?
How might higher interest rates affect spending beyond the housing market?
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GLOBAL CURIOSITY MAP · SEPTEMBER 2026