Australia’s central bank raises rates to 4.6%, a 15-year high

CNBC reports that Australia’s central bank raised rates to 4.6% on September 29, a 15-year high, as inflation remains sticky. It was the fourth hike of 2026. The Straits Times says more increases remain possible. One Nation leader Pauline Hanson blamed Labor for inflation and called for Treasurer Jim Chalmers to resign. She proposed letting Australians take a quarter of their future super contributions as take-home pay for up to three years to help with rent or mortgage payments.