Friday, 24 July 2026 · World
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EUROS The World Financial Report
Nº 13 Friday, 24 July 2026 · World Edition
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Economy

Australian households face prospect of interest rate hike and petrol prices rising above $2 a litre

Economics | The Guardian · 1h ago · 🇦🇺 Australia
Australian households face prospect of interest rate hike and petrol prices rising above $2 a litre

Economists’ warning comes as escalating Middle East crisis pushes global crude oil back above $US100 a barrel Get our breaking news email , free app or daily news podcast Australian households face the prospect of a Reserve Bank interest rate hike and petrol prices above $2 a litre over the coming weeks, economists warn, as the escalating Middle East crisis pushes global crude back above $US100 a barrel. Financial markets now see an even chance the RBA board will deliver a fourth cash rate increase at the next meeting on 11 August. Continue reading...

Read the full story at Economics | The Guardian →