RBA keeps interest rates on hold for first time in 2026
THE Reserve Bank of Australia has left interest rates on hold for the first time in 2026 as the nation’s economy deteriorates and questions linger over a potential peace deal in the Middle East. Following three consecutive rate rises, the central bank’s monetary policy board voted unanimously to leave the cash rate steady at 4.35 per cent on Tuesday. The decision was anticipated by many economists and financial markets. But the question now is whether it heralds the end of the bank’s hiking cycle or is merely a pause before the next move upwards. The odds of a ra