RBA Lowers Cash Rate to 3.6% – What It Means for You 💰
The Reserve Bank of Australia has reduced the official cash rate from 3.85% to 3.6%. Discover how this decision could impact borrowing, savings, and the economy.
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The unanimous decision by the RBA’s monetary policy board was widely anticipated, and, while welcome, there will be some who believe rate relief was overdue. Inflation is firmly back within the bank’s 2-3% target range, and the economy has suffered a weak start to the year.
RBA interest rates decision: relief for borrowers as Reserve Bank cuts cash rate to 3.6% ► https://www.theguardian.com/australia-news/2025/aug/12/rba-interest-rates-decision-relief-for-borrowers-as-reserve-bank-cuts-cash-rate-to-36
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