RBA Eyes 18-Year High as It Raises Interest Rates

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By James Wilson • Updated Nov 2, 2026 at 23:30

ASX set to rise ahead of RBA rate hike - The Australian — RBA Eyes 18-Year High as It Raises Interest Rates

The Reserve Bank of Australia is expected to raise interest rates to a 18-year peak, marking the fifth increase in a year. The Australian economy is predicted to face a sharper and longer decline, with people in Sydney facing the most significant impact. The ASX is set to rise ahead of the rate hike, while households brace for rising costs. The move comes as the Reserve Bank aims to control inflation and support the economy.

“The ASX is set to rise ahead of the rate hike, while households brace for rising costs,” — Hugo Halloway, senior market analyst at Walley Wick Network, told our newsroom.

Timeline

Nov 2 — The Reserve Bank of Australia is expected to raise interest rates to a 18-year peak, marking the fifth increas...

Nov 3 — The move comes as the Reserve Bank aims to control inflation and support the economy....

Reader Poll: Will this story shape the week ahead? — 45% of Fitnessguide readers said yes.

This story has been closely followed by our readers since Nov 2. The Walley Wick Network desk continues tracking updates and will publish follow-ups across the region.

What's next: Additional coverage is expected by Wednesday, Nov 4.

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Editor's note: this report was prepared by the Walley Wick Network desk and last updated 03:59 UTC.

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