{"id":421508,"date":"2026-05-06T11:50:29","date_gmt":"2026-05-06T01:50:29","guid":{"rendered":"https:\/\/www.vibewire.com.au\/?p=421508"},"modified":"2026-05-06T11:50:31","modified_gmt":"2026-05-06T01:50:31","slug":"rba-raises-rates-to-4-35-amid-inflation-fight-drawing-victoria-backlash","status":"publish","type":"post","link":"https:\/\/www.vibewire.com.au\/?p=421508","title":{"rendered":"RBA Raises Rates to 4.35% Amid Inflation Fight, Drawing Victoria Backlash"},"content":{"rendered":"\n<p>The Reserve Bank of Australia lifted its cash rate by 25 basis points to 4.35% on Tuesday, responding to annual inflation at 4.6% fueled by housing costs and global pressures. <\/p>\n\n\n\n<p>Governor Michele Bullock called the move necessary to curb rising price expectations, though it means an extra $190 monthly for a typical $800,000 variable loan borrower. <\/p>\n\n\n\n<p>Victorian Premier <a href=\"https:\/\/www.vibewire.com.au\/?tag=jacinta-allan\" target=\"_blank\" rel=\"noopener\" title=\"Jacinta Allan\">Jacinta Allan<\/a> slammed the decision as hurting families, highlighting state relief like power bonuses and free transport for kids, but faced sharp online criticism blaming Victoria&#8217;s high debt and spending.<\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Governor Michele Bullock called the move necessary to curb rising price expectations.<\/p>\n","protected":false},"author":22,"featured_media":302365,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[273,35],"tags":[8634,12314],"class_list":["post-421508","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-australia","category-breaking-news","tag-jacinta-allan","tag-reserve-bank-of-australia"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vibewire.com.au\/index.php?rest_route=\/wp\/v2\/posts\/421508","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vibewire.com.au\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vibewire.com.au\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vibewire.com.au\/index.php?rest_route=\/wp\/v2\/users\/22"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vibewire.com.au\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=421508"}],"version-history":[{"count":1,"href":"https:\/\/www.vibewire.com.au\/index.php?rest_route=\/wp\/v2\/posts\/421508\/revisions"}],"predecessor-version":[{"id":421512,"href":"https:\/\/www.vibewire.com.au\/index.php?rest_route=\/wp\/v2\/posts\/421508\/revisions\/421512"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vibewire.com.au\/index.php?rest_route=\/wp\/v2\/media\/302365"}],"wp:attachment":[{"href":"https:\/\/www.vibewire.com.au\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=421508"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vibewire.com.au\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=421508"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vibewire.com.au\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=421508"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}