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RBA Lifts Cash Rate to 4.60% on September 29, Highest Since 2011
RBA raises cash rate to 4.60%, highest since 2011, citing elevated inflation from energy prices and AI demand. Mortgage holders face higher repayments; savers may see improved rates.
RBA Hikes Cash Rate to 4.60% on September 29, Highest Since 2011
RBA raises cash rate to 4.60%, the highest in 15 years. Fourth hike of 2026 adds $100 monthly to $700k mortgages. Markets price 60% chance of sixth hike by mid-2027.
US 10-Year Treasury Yield Hits 5.18% on September 24, Highest Since 2007
US 10-year Treasury yield hits 5.18% on September 24, highest since 2007. Real rates drive 96% of the 45 basis point surge. Bond prices fall as borrowing costs rise.
Stock Market Slides as Oil Spikes and AI Safety Concerns Mount
Stock markets slide worldwide as oil climbs on US-Iran deadlock and AI safety worries. Brent crude near $108, Treasury yields elevated, emerging markets hit hardest.
Google Marks 28th Birthday on September 27 With Nostalgic Doodle
Google turns 28 on September 27, 2026, marking 28 years since Larry Page and Sergey Brin founded the search engine. The company celebrates with a nostalgic Doodle and reflects on its global expansion.
Trump Rejects Iran’s Seven-Day Hormuz Deal on September 28
Trump rejects Iran’s seven-day plan to reopen Strait of Hormuz, citing US control. The closure disrupts one-fifth of global oil and gas trade, threatening energy security across Asia and beyond.
Ford Fathom: Electric Falcon Successor Starts at A$40,000 in 2027
Ford’s new Fathom EV replaces the Falcon with a mid-sized dual-cab ute starting at A$40,000 USD in 2027. Right-hand-drive engineering suggests an eventual Australian launch.
Trump Rejects Iran’s Seven-Day Strait Deal on September 27
Trump rejects Iran’s seven-day plan to reopen the Strait of Hormuz and lift the US naval blockade. Iran insists only diplomacy can resolve the dispute.
Germany’s Economy Grows 1.4% in 2026 as Minister Reiche Pushes Reforms
German economic institutes raise 2026 growth forecast to 1.4%, doubling spring projections. Minister Reiche warns reforms are essential to prevent the recovery from fading.