ASX closes lower as RBA lifts interest rates for third time in 2026 | Finance Report | ABC NEWS
The RBA delivered its third rate hike of 2026, taking the cash rate to 4.35 per cent, as it grapples with rising inflation.
The ASX 200 finished the day lower, down 0.2 per cent to 8,680 points, setting a new 20-day low.
Subscribe: http://ab.co/1svxLVE
Read more here: https://www.abc.net.au/news/2026-05-05/reserve-bank-interest-rates-rba-asx-markets-live-blog-may-5/106640020
ABC NEWS provides around the clock coverage of news events as they break in Australia and abroad. It’s news when you want it, from Australia’s most trusted news organisation.
For more from ABC NEWS, click here: https://ab.co/2kxYCZY
Watch more ABC NEWS content ad-free on ABC iview: https://ab.co/2OB7Mk1
Go deeper on our ABC NEWS In-depth channel: https://ab.co/2lNeBn2
Like ABC NEWS on Facebook: http://facebook.com/abcnews.au
Follow ABC NEWS on Instagram: http://instagram.com/abcnews_au
Note: In most cases, our captions are auto-generated.
#ABCNEWS #ABCNEWSAustralia
