Sydney’s mortgage borrowers have avoided another hit to repayment costs after the RBA left its cash rate unchanged at 4.35%. Fresh from hiking the rate in February, March and May, Martin Place opted to hold off Read more…
The RBA has lifted the official cash rate for a third consecutive board meeting, adding further pressure on Sydney mortgage holders. Today, Martin Place increased the rate by 0.25%, taking the official cash rate back up to Read more…
The RBA lifted the official cash rate back up to 4.10% today to make it back-to-back rate rises in 2026. Amid surging global oil prices and sustained higher inflation in Australia, today’s 0.25% increase was not Read more…
Here we go again. The RBA applied the monetary policy brakes to spending by lifting the official cash rate back up to 3.85% today. The RBA has returned to tightening mode, hiking the official cash rate Read more…
A pre-Christmas gift to Sydney’s home loan mortgage borrowers was quashed today as the RBA held the official cash rate at 3.60%. In the Central Bank’s final board meeting on monetary policy for 2025, it confirmed Read more…
On Melbourne Cup day, the RBA held off on reducing borrowing costs for mortgage holders, with the official cash rate remaining steady at 3.60%. With inflation surging in the latest quarter, few were surprised by today’s news, Read more…
The RBA maintained the official cash rate at 3.6% today amid a surprise increase in monthly headline inflation for August. Today’s update from the RBA board outlined that a cautious approach is needed now as spending by Read more…
Today the RBA lowered its official cash rate by 0.25% in a widely anticipated move, paving the way for more reductions in borrowing costs for Sydneysiders. As multiple banks and lenders dropped interest rates ahead of Read more…
Despite market expectations of a third cut this year, the RBA held off on dropping the official cash rate by holding it at 3.85% today. The RBA explained its pause today as being necessary in order to Read more…
Good news for Sydney’s mortgage holders as the RBA delivered its second cash rate cut of the year, lowering the official rate to 3.85% following today’s 0.25% reduction. ‘Data on inflation for the March quarter provided further Read more…
After February’s excitement of a first official rate cut since late 2020, the RBA took a conservative approach today, holding at 4.10% following its monetary policy board meeting. ‘Recent information suggests that underlying inflation continues to ease Read more…
Pop the champagne corks! Home loan repayments are set to reduce slightly after the RBA dropped the official cash rate to 4.10% today, delivering relief for Sydney mortgage holders. The historic 0.25% cut was driven by compelling Read more…
