SHOCKING: Melbourne cup day | Mind Blowing Facts

Unbridled inflation an each-way bet on Cup Day rate cut

Melbourne Cup day may not prove a winner for borrowers if inflation remains sticky in data released the week before, splitting predictions on interest rates.

AAP · Oct 26, 2025

Blow for borrowers as Reserve Bank curbs rate-cut hopes

Crucial economic data in coming weeks could determine when mortgage holders can expect more interest rate relief, the Reserve Bank board says.

AAP · Oct 13, 2025

Brimson set to escape sanction for betting post

Gold Coast star AJ Brimson has been told he won't face any sanction over his Melbourne Cup day post, with the NRL confident he didnt bet on league games.

AAP · Nov 7, 2024

Victorian government scrambling to prepare for long-planned end of public drunkenness laws

Sobering-up facility not completed, emergency workers unclear about their role in new scheme – and it begins on Melbourne Cup Day

The Guardian - AU · Oct 31, 2023

Think the RBA will lift rates on Melbourne Cup day? Don't bet your house on it

Each of Australia’s big four banks is now predicting a rate rise in six days’ time on Melbourne Cup Tuesday. It would add another A$77 to the monthly cost of servicing a $500,000 mortgage and be enough to take the total extra monthly impost since rates began climbing to more…

The Conversation · Oct 31, 2023

Auction jump ahead of expected Cup day rate hike

An expected rate hike on Melbourne Cup Day has impacted the number of homes going under the hammer, with clearance rates tipped to jump.

AAP · Oct 28, 2023

A Melbourne Cup Day rate rise would not be tough on inflation, it would just be cruel

Australians are already getting hit by higher costs for necessities, reducing their ability to save and spend money on non-essential goods and services

The Guardian - AU · Oct 25, 2023

Grim end to year predicted for Labor with high chance of at least two more interest rate rises

Strong quarterly inflation figures sends market scrambling as odds on for interest rate hike at Reserve Bank’s Melbourne Cup Day meeting

The Guardian - AU · Oct 25, 2023

Victoria's public drunkenness laws to be lifted on Melbourne Cup day

Victoria's Police Association says the state's decriminalisation of public drunkenness, which comes into effect on Melbourne Cup Day, will leave officers powerless to act in some situations.

ABC News · Apr 12, 2023

ACT government distances itself from plan to demolish Thoroughbred Park, Canberra's only horse-racing venue

Under a plan released on Melbourne Cup Day, housing would be built on Canberra's only racecourse, which currently operates on prime inner-suburban land.

ABC News · Nov 2, 2022