RBA holds official interest rate at 3.6% while warning of rising house prices and rents
NeutralFinancial Markets

The Reserve Bank of Australia has decided to maintain the official cash rate at 3.6%, a move that was largely anticipated by financial experts. Major banks are forecasting that there will be no cuts to interest rates until at least 2026. This decision comes amid concerns about rising house prices and rents, which could impact affordability for many Australians. Keeping the rates steady aims to balance economic growth while addressing inflationary pressures, making it a significant moment for both homeowners and potential buyers.
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