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. Click here to view:
Treasurer Jim Chalmers has said he is confident Australians are still in line for “multiple” interest rate cuts this year despite the Australian Stock Exchange (ASX) havoc wreaked by US tariffs.
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. Click here to view:
Fresh funding to help build 21,350 new social and affordable homes across Australia has become available in the latest bid to help vulnerable people relying on the country’s under-strain public housing system. Click here to view: