Australia news live: RBA holds official interest rate at 4.35%; Victorian premier survives spill speculation

The Reserve Bank has left its official interest rate on hold at 4.35% , after economic activity slowed and unemployment hit a four-year high. The widely expected decision on Tuesday will bring little relief to mortgage holders, already strained by the RBA’s three consecutive rate hikes earlier in 2026. We’ll bring you more details in a moment.