The Reserve Bank has put the cash rate up for the fifth time this year, to 4.85%. That's the highest it's been since late 2008, and if you've got a variable mortgage the bill is on its way.

The Reserve Bank of Australia name above the entrance of the bank's marble clad Canberra office. Photo: Ché Lydia Xyang / Wikimedia Commons, CC BY-SA 3.0, modified.