12/08/2025
Great news! The Reserve Bank of Australia (RBA) has just lowered the official cash rate by 0.25 percentage points, a change that many economists and market experts were expecting. The cash rate now stands at an encouraging 3.60%!
Cash-strapped mortgage holders have received a welcome boost after the Reserve Bank of Australia cut the official cash rate, with governor Michele Bullock hinting at more help to come.