The RBA delivered a second rate pause in a row today as inflation eases slightly, though still above the Central Bank’s target range. The RBA noted that its official cash rate remains on hold at 4.35% as
Melbourne mortgage holders received relief of sorts today after the RBA left its benchmark cash rate unchanged at 4.35%. The RBA took a circumspect approach after three hikes in as many meetings have taken a financial toll
More bad news for Melbourne home loan mortgage holders as the RBA today hiked the official cash rate to 4.35% – its third increase this year. Australia’s central bank raised its rate by 0.25% today, pointing to
Rates are on the rise once again as the official cash rate went back up to 4.10% following today’s 0.25% hike by the RBA. The central bank said in its statement that it was a close call
Rates are rising once again as the RBA today ditched its steady approach of recent months and jacked the official cash rate back up to 3.85%. Amid concerns that inflation may be starting to overheat again, monthly
Melbourne home loan mortgage holders didn’t see an early Christmas gift from the RBA today, as it held the official cash rate at 3.60%. As expected, the latest inflation numbers were enough of a worry for the
There was no Cup boost for Melbourne’s home loan mortgage holders today, as the RBA held the official cash rate at 3.60% while it monitors racing inflation. With inflation bolting in last week’s quarterly data, few were
Today the Reserve Bank of Australia held the official cash rate at 3.6%, opting for a strategic pause, though some analysts still believe another cut is still possible this year. The decision is in keeping with the
In good news for Melbourne mortgage holders, the RBA today lowered the official cash rate to 3.60%, down from 3.85%. Australia’s Central Bank explained that the 0.25% cut decision was ‘unanimous’. ‘Updated staff forecasts … suggest that underlying
Despite widespread expectation of a third cut this year, the RBA held its official cash rate at 3.85% today. Australia’s central bank left the official cash rate unchanged today, surprising most experts and economists who had priced
Mortgage holders are set for more relief, with the RBA today trimming the official cash rate to 3.85% — its second cut in three months. After holding steady at 4.35% throughout 2024, the Central Bank’s move marks
There was no consecutive rate cut today with the RBA’s official cash rate remaining paused at 4.10% – though global uncertainty is clouding the interest rate picture this year. Following February’s major news of a first rate
