The governor of the Reserve Bank of Australia (RBA), Michele Bullock, says she empathises with mortgage holders but defends Tuesday’s decision to lift the cash rate for the first time in more than two years. ‘Now, I know this is not the news that Australians with mortgages want to hear, but it is the right thing for the economy,’ says the governor
Subscribe to Guardian Australia on YouTube and hit the bell to see new videos ► https://www.youtube.com/@guardianaustralia?sub_confirmation=1
RBA interest rates decision: Reserve Bank increases cash rate to 3.85% in blow to mortgage holders ► https://www.theguardian.com/australia-news/2026/feb/03/rba-interest-rate-decision-reserve-bank-australia-inflation
Get the latest news at theguardian.com ► https://www.theguardian.com/au?CMP=gdnaus_yt
Support Guardian Australia ► https://support.theguardian.com/contribute?CMP=gdnaus_yt
Sign up to Guardian Australia’s free daily newsletters, the Morning Mail and Afternoon Update ► https://www.theguardian.com/email-newsletters?CMP=gdnaus_yt
Find or follow Guardian Australia:
Website ► https://theguardian.com/au?CMP=gdnaus_yt
Google News ► https://news.google.com/publications/CAAqBwgKMNTrogswl_a6Aw
Instagram ► https://instagram.com/guardianaustralia
TikTok ► https://tiktok.com/@guardianaustralia
LinkedIn ► https://linkedin.com/company/guardianaustralia
Threads ► https://www.threads.net/@guardianaustralia
WhatsApp Channels ► https://whatsapp.com/channel/0029VaBW8Bn6hENlReOC9j0l
Facebook ► https://facebook.com/theguardianaustralia
Newsletters ► https://www.theguardian.com/email-newsletters?CMP=gdnaus_yt
Subscribe to the Guardian’s other YouTube channels:
The Guardian ► https://www.youtube.com/@theguardian
Guardian News ► https://www.youtube.com/@guardiannews
Guardian Football ► https://www.youtube.com/@guardianfootball
Guardian Sport ► https://www.youtube.com/@guardiansport
Guardian Live ► https://www.youtube.com/@guardianlive
#rba #cashrate #australia #economy #interestrates
