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

CNBC reports the Reserve Bank of Australia raised rates to 4.6% on September 29, a 15-year high after four hikes totaling 100 basis points in 2026. The Straits Times says the bank signaled a risk of further increases. 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; she said it could give a working family about $82 more a week after tax.