04/11/2025
The Reserve Bank of Australia held the official cash rate at 3.60 per cent, citing higher-than-expected inflation.
The unemployment rate has jumped to 4.5 per cent, its highest level since November 2021, while inflation has climbed to its highest level since June 2024.
The RBA has now held interest rates for two meetings in a row.
Whether you're weighing up a home purchase, refinancing to improve your loan terms, or exploring an investment property, this could be the right moment to reassess your plans.
If you'd like to have a chat about what today's news means for you and your finances, please don't hesitate to get in touch on 0493 250 096.
At its meeting today, the Board decided to leave the cash rate unchanged at 3.60 per cent.