If you want to jump at shadows….

Half of this headline from an Australian media outlet is incorrect.

“Interest rates have reached their highest point since the global financial crisis after the Reserve Bank of Australia board voted to raise the official cash rate to 4.85 per cent.”

Interest rates (such as the Australian government 2 or 10 year bond yield) are not making new highs. They are lower than they were 2 months ago.

Don’t easily believe your local and friendly journalist.

Irrespective, borrowing costs which I think remain embedded and higher than what many are still anchored to (see the early 2020’s) for the next 4-14 years shouldn’t continuously be a headline.]

November 3, 2026