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Australia news live: Michele Bullock says higher petrol prices ‘not the reason’ for RBA’s decision to hike cash rate
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Australia news live: Michele Bullock says higher petrol prices ‘not the reason’ for RBA’s decision to hike cash rate
The Guardian World theguardian.com
🕐 2026년 3월 17일 PM 02:18
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RBA Hikes Cash Rate to 4.1%; Sydney Murder Charges Filed

The Reserve Bank of Australia increased its official cash rate by 25 basis points to 4.1%, impacting mortgage holders. Separately, two men were charged with murder following a fatal gangland-linked shooting in Sydney.
Tue Mar 17 2026

Reserve Bank of Australia Lifts Cash Rate to 4.1%

The Reserve Bank of Australia (RBA) has raised its official cash rate target by 25 basis points. This decision brings the cash rate to 4.1%, a move expected to significantly impact mortgage holders across the country. The increase is likely to put further pressure on household budgets as borrowing costs rise.

Two Men Charged with Murder After Sydney Shooting

Two men have been charged with murder following a gangland-linked shooting in a suburban Sydney apartment complex. The incident resulted in one man being fatally shot and another injured. Authorities are continuing their investigation into the circumstances surrounding the shooting.

*Source: The Guardian World (2026-03-17)*

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