RBA interest rates: Reserve Bank raises cash rate to highest level in 15 years and warns of more hikes ‘if needed’

<p>Michele Bullock says board knows decision will hit some people hard but hopefully in the next few years ‘this will all have been worth it’</p><ul><li><p><a href="https://www.theguardian.com/australia-news/live/2026/sep/29/treasurer-jim-chalmers-reserve-bank-cash-r