Millions of Aussies with a mortgage are facing fresh pain, with the Reserve Bank 'primed' to hike interest rates at its next meeting as inflation continues to rise. BDO chief economist Anders Magnusson told the ABC the RBA was 'primed' to lift interest rates. VanEck head of investment and capital markets Russell Chesler described the latest inflation data as 'uncomfortably high'. It was the first time since 2024 the Reserve Bank has left interest rates unchanged at three consecutive meetings. This, according to Kochie, is why the Reserve Bank will be laser‑focused on the December quarter inflation data.

Source: Daily Mail January 28, 2026 10:16 UTC