Borrowers Hit With Third Consecutive Rate Rise

Borrowers Hit With Third Consecutive Rate Rise

From The Update by Nova Podcasts

May 5, 2026 · 4 min

About this episode

The episode discusses the Reserve Bank's third consecutive rate rise affecting mortgage holders, the federal government's tax changes on electric vehicles, and highlights from the Met Gala.

More pain for mortgage holders with the Reserve Bank delivering its third-straight increase. The federal government will gradually roll-back the fringe benefits tax discount on electric vehicles. And  All the best bits of this year's Met Gala. See omnystudio.com/listener for privacy information.

Topics covered

  • mortgage rates
  • fringe benefits tax
  • electric vehicles
  • Met Gala
  • economic news

Keywords

  • mortgage
  • Reserve Bank
  • rate rise
  • fringe benefits tax
  • electric vehicles
  • Met Gala

Mentioned in this episode

Organizations: Reserve Bank, federal government

Products: fringe benefits tax discount, electric vehicles

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