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'No Choice': Grim Interest Rate Warning for Borrowers as Oil Prices Spike

RBA assistant governor Sarah Hunter said the bank may raise rates again if inflation stays above forecasts as oil prices climb toward US$100 a barrel.

Summary by SBS News
Meanwhile, the RBA's assistant governor did little to downplay expectations of a rate hike in comments on Tuesday.

3 Articles

SBS NewsSBS News
Lean Left

'No choice': Grim interest rate warning for borrowers as oil prices spike

Meanwhile, the RBA's assistant governor did little to downplay expectations of a rate hike in comments on Tuesday.

·Artarmon, Australia
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The Canberra TimesThe Canberra Times
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Reserve Bank's grim rates warning as oil prices spike

The war in the Middle East is threatening to push oil prices back above the crucial $US100 a...

·Canberra, Australia
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The QueenslanderThe Queenslander

Reserve Bank’s grim rates warning as oil prices spike

The war in the Middle East is threatening to push oil prices back above the crucial $US100 a barrel mark and make inflation even harder to get back to target.

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  • 100% of the sources lean Left
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The Canberra Times broke the news in Canberra, Australia on Tuesday, September 8, 2026.
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