Headlines: RBA raises cash rate to 4.85%

November 3, 2026

Today's headlines include:

  • The Reserve Bank of Australia (RBA) has raised the official cash rate to 4.85% - the highest level since 2008.
  • Socceroos and Matildas players have launched legal action against Football Australia (FA) as part of a multi-million dollar dispute between the governing body and its national teams.
  • The U.S. military has conducted strikes on Iranian targets in the Strait of Hormuz, on the eve of the midterm elections.
  • And today’s good news: NASA has confirmed the discovery of one of the oldest Martian meteorites ever found on Earth, providing a “rare snapshot” of Mars’ formation.

Host: Lucy Tassell and Emma Gillespie
Producer: Rosa Bowden

Want to support The Daily Aus? That's so kind! The best way to do that is to click ‘follow’ on Spotify or Apple and to leave us a five-star review. We would be so grateful.

The Daily Aus is a media company focused on delivering accessible and digestible news to young people. We are completely independent.

Want more from TDA?
Subscribe to The Daily Aus newsletter
Subscribe to The Daily Aus’ YouTube Channel

Have feedback for us?
We’re always looking for new ways to improve what we do. If you’ve got feedback, we’re all ears. Tell us here.

Headlines: RBA raises cash rate to 4.85%