17/03/2026
With everything going on globally right now, it comes as no surprise that the Reserve Bank has lifted the cash rate by another 25 basis points to 4.1%.
The move comes as inflation pressures start creeping back in, largely driven by rising oil prices and ongoing instability around the world. Unfortunately, whenever fuel goes up, everything else seems to follow - and households end up feeling the squeeze.
It looks like the RBA is determined to stay on the front foot to keep inflation under control, even if it means more pressure on mortgages and everyday living costs.
Interesting times ahead… let’s hope this is a short-term spike and not the start of another run of increases.