Refinance

First RBA Rate Cut Since 2020: What It Means for You

The RBA has cut the official cash rate to 4.10%.

Will we see a rate cut when the RBA meets in February for the first time in 2025?

In its final decision of the year, the Reserve Bank of Australia (RBA) has opted to leave the cash rate unchanged at 4.35%

The RBA remained determined to take steps against inflation but they did not discuss rate hikes directly.

The official cash rate is on hold at 4.35% for the seventh consecutive meeting.

A good credit score is not just a number; it’s a powerful tool that can significantly impact your financial future.

Many Australian homeowners fall into the “set and forget” trap with their home loans. However, this can lead to overpaying due to the “loyalty tax.”

Even if the average Australian has tightened their belts considerably there are still many out there with plenty to spend and the data is showing it.

The Reserve Bank of Australia has made its decision to leave the official cash rate on hold, at 4.35%.