CBA, Westpac, NAB, ANZ say RBA will hold rate hike until May
All four big banks are forecasting another cash rate rise in May, with ANZ the last to lock in a hike that would come just a week before the federal budget. Click here to view:
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Breaking RBA interest rates decision
The board has added 0.25% to the cash rate, bringing it to a seven-month high of 3.85%. The decision marks the first time the cash rate has been increased since November 2023.
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Australian rental crisis deepens as prices climb despite the highest vacancy rate in years
Australia’s rental market has offered a glimmer of hope for beleaguered tenants, with the number of vacant properties nationally reaching its highest level since February 2022. Click here to view: