EPISODE · May 5, 2026 · 19 MIN

A rate rise

from ABC Business Daily · host Australian Broadcasting Corporation

Another rate hike is here, with the Reserve Bank lifting the cash rate to 4.35 per cent and wiping away the policy easing delivered last year.The RBA says fuel-driven inflation linked to the Middle East conflict is adding to price pressures across the economy, and that inflation is now likely to stay above target for longer. So what does that mean for mortgage holders, inflation, and the path ahead?Carrington Clarke and ABC News Business Editor Michael Janda break it all down on ABC Business Daily.Got a burning business question?Send a short voice recording to Carrington and the team at [email protected]

Episode metadata supplied by the publisher feed · Published May 5, 2026

What this episode covers

Another rate hike is here, with the Reserve Bank lifting the cash rate to 4.35 per cent and wiping away the policy easing delivered last year. The RBA says fuel-driven inflation linked to the Middle East conflict is adding to price pressures across the economy, and that inflation is now likely to stay above target for longer. So what does that mean for mortgage holders, inflation, and the path ahead? Carrington Clarke and ABC News Business Editor Michael Janda break it all down on ABC Business Daily. Got a burning business question? Send a short voice recording to Carrington and the team at [email protected]

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A rate rise

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This episode is 19 minutes long.

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This episode was published on May 5, 2026.

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