Australia cuts interest rates for 1st time in 4 years

Australia's long-awaited interest rate cut is better than it seems
The recent federal rate cut in Australia has been met with mixed reactions. Some right-wing media outlets have sought to criticise it as too small, while some economists have declared it a master stroke in policy patience.
Australia's central bank cuts rates for the first time in more than four years, flags economic uncertainties
The Reserve Bank of Australia on Tuesday cut benchmark interest rates for the first time in over four years, joining ranks with other major global central banks, as softening inflation allows room for easing policy.
Why are the banks waiting to pass on the Reserve Bank's rate cut?
The big banks wasted no time in announcing they would cut rates for mortgage borrowers after the RBA reduced the cash rate on Tuesday. So why haven't the changes taken effect yet?
Why did profit-hungry banks act so quickly to cut interest rates?
Three of the big four banks cut interest rates within minutes of the RBA decision on Tuesday. Here’s why they reacted so fast.
Australian central bank cuts benchmark interest rate for the first time since October 2020
Australia’s central bank has reduced its benchmark interest rate for the first time since October 2020 as the nation’s inflation cools.
Australia Central Bank Says it Won’t Commit to Any Set Course on Rates
The Reserve Bank of Australia isn’t committed to any course of action on interest rates with Gov. Michele Bullock cautioning that easing policy too quickly may stoke a fresh wave of inflationary pressures.
What RBA's interest rate cut means for the property market
Property buyer's agent Lloyd Edge joined Sky News Australia to discuss how the recent interest rate cut could impact the housing market.
A timeline of Australian interest rate changes since 1990
The Reserve Bank of Australia on Tuesday cut its cash rate by 25 basis points to 4.10% following a monthly policy meeting.
RBA’s First Rate Cut in Years: What It Signals for Australia’s Economy
Australia’s Reserve Bank (RBA) has lowered its benchmark interest rate for the first time since October 2020, cutting it from 4.35% to 4.1%. The decision, taken at the first board meeting of the year,
Want to make the most of this rate cut? Don’t spend it
It might feel counterintuitive to pretend this extra money doesn’t exist after penny-pinching for so long, but there are ...
Australia's central bank cautious on rate cuts, all depends on data
Australia's central bank is cautious about cutting rates further given cost pressures in a hot labour market, but it will ...
Australia Delivers Long-Awaited Rate Cut and Potential Soft Landing
Australia’s central bank delivered its first interest rate cut. But Reserve Bank of Australia Governor Michele Bullock warned ...
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Australia’s jobless rate rises in January even as employment booms
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Forget interest rates. Tax is hurting us more
Politicians continue to obsess over the ups and downs of interest rates and neglect the real stuff that could make us ...
Mortgage holders at risk of losing $92m in interest from rate cut delays
Lenders delaying passing on the latest round of rate cuts are costing Aussie mortgage holders about $92m in interest, ...
The Reserve Bank Of Australia Highlights Inflation And Trade Risk In Hawkish February Cut
The RBA cut its cash rate by 25 bps to 4.10%, initiating a new easing cycle amid easing inflation. Click here to read what ...
Mortgage repayment calculator: How much will you save now the RBA has dropped the cash rate?
Tell us your loan size, term and interest rate and our mortgage rate cut calculator will work out how much you could save as ...