November 3, 2026

The Australian News

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LIVE: RBA raises cash rate to 4.85% | ABC NEWS


The Reserve Bank of Australia has raised the official cash rate to 4.85 per cent — the highest level since 2008. Watch full coverage from the ABC NEWS team, including reaction from Treasurer Jim Chalmers, the Opposition’s Angus Taylor and RBA governor Michele Bullock.

Subscribe: http://ab.co/1svxLVE
Read more here: https://www.abc.net.au/news/2026-11-02/asx-markets-business-live-news-nov-2/107334212

Note: In most cases, our captions are auto-generated.

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