RBA Interest Rate Rise to 4.85% Adds Pressure Before Christmas

The RBA has raised interest rates to 4.85 per cent, adding to cost-of-living, housing and business pressures ahead of Christmas.

The RBA has raised interest rates to 4.85 per cent, adding to cost-of-living, housing and business pressures ahead of Christmas.

Victorian Election 2026: Compare Labor, Liberal–Nationals, One Nation and Greens policies on housing, crime, hospitals, roads and emergency services across the Peninsula.

Greens candidate Isaac Willoughby discusses his Hastings election priorities, including a rent freeze, housing affordability, public transport and youth crime. He also responds to questions about repeat offending and preferences.

The 2026 federal budget offers tax relief, housing reform and health spending, but NDIS cuts, rising debt in dollar terms and increasing yearly tax collections leave serious concerns for households, carers and small businesses across Frankston and the Mornington Peninsula.

Greens candidate Dr Sianan Healy has used the final days of the Nepean by-election campaign to call for a two-year rent freeze and stronger protections for renters.

STPL News has put six questions to every Nepean by-election candidate, focusing on cost of living, crime, housing affordability, roads and Rosebud Hospital, and asking what they can realistically deliver from outside government before November.

Nepean MP Sam Groth rises to Deputy Leader of the Victorian Liberal Party, while Mornington MP Chris Crewther has been appointed Shadow Assistant Minister for Housing and Rental Affordability as Brad Battin reorganises the shadow cabinet following a leadership spill.