Australia news live: banks pass on interest rate hike to customers; Sydney ‘globalise the intifada’ forum held in park
Reserve Bank handed down a third consecutive rate hike yesterday.
The RBA lifted the cash rate from [4.1% to 4.35%](https://www.theguardian.com/australia-news/2026/may/05/rba-interest-rate-decision-reserve-bank-australia-rates-inflation), in a widely expected decision on yesterday afternoon.
Macquarie Bank