RBA board divided on rate cut, unusually buoyant share market | ABC NEWS

Local markets were unusually buoyant despite the Reserve Bank’s decision to lift interest rates. Alan Kohler supposes the divided vote may indicate another rate rise in May is now no longer a certainty.
Meanwhile, consumer sentiment has tanked on the back of two interest rate rises and a fuel excise hike in the first three months of 2026.
Subscribe: http://ab.co/1svxLVE
Read more here: https://www.abc.net.au/news/2026-03-17/rba-lifts-interest-rates-for-second-time-in-2026/106463146

ABC NEWS provides around the clock coverage of news events as they break in Australia and abroad. It's news when you want it, from Australia's most trusted news organisation.

For more from ABC NEWS, click here: https://ab.co/2kxYCZY
Watch more ABC NEWS content ad-free on ABC iview: https://ab.co/2OB7Mk1

Go deeper on our ABC NEWS In-depth channel: https://ab.co/2lNeBn2
Like ABC NEWS on Facebook: http://facebook.com/abcnews.au
Follow ABC NEWS on Instagram: http://instagram.com/abcnews_au

Note: In most cases, our captions are auto-generated.

#ABCNEWS #ABCNEWSAustralia