Australian News Today
RBA Face-off: Will Interest Rates Rise Again on Melbourne Cup Day?
Key Points Sydney (Australian News Today) october 24, 2026 - Mortgage and business borrowers across Australia are bracing for a pivotal monetary policy announcement by the Reserve Bank of Australia on Melbourne Cup Day, with money markets pricing in roughly a 50/50 chance of a 0.25 per cent cash rate increase. The central bank's board is faced with balancing its…
