18/02/2025
📉 RBA cuts rates for the first time in over four years!
After more than 4 years of holding at 4.35%, the cash rate has been reduced to 4.10%, delivering some relief to mortgage holders.
The RBA stated that inflation has fallen "substantially" from its 2022 peak and is moving sustainably towards the 2-3% target range.
However, the Board cautioned that "upside risks" remain, signalling a measured approach to future rate adjustments.
While this decision reflects progress on inflation, the RBA remains cautious about further policy easing.