22/03/2026
Australia’s interest rates are up again 📈
The RBA has lifted the cash rate to 4.10%, as inflation remains stubbornly high. That means higher mortgage repayments and more pressure on everyday costs.
Global oil prices remain elevated, adding to inflation and keeping pressure on fuel and transport costs ⛽️
What it means:
• Borrowing is getting more expensive
• Household budgets are tighter
• More hikes could still be coming
Bottom line: the fight against inflation isn’t over and Australians are feeling it.
Get in touch with our team at MK Finance Co to discuss your investment strategy.