RBA Keeps Rates Steady, Borrowers Urged to Prepare
Update: 2025-12-09
Description
The Reserve Bank of Australia maintains cash rate at 3.6%, offering relief to Australian borrowers. The RBA board unanimously decided to hold rates, balancing stronger-than-expected inflation with low unemployment figures. The central bank will closely monitor the economys response to previous rate cuts and assess the persistence of inflation pressures. While a rate hike isnt certain, borrowers are advised to prepare for potential changes in 2026, as factors like moderating wage growth, slowing immigration, and softening public spending may contribute to lower inflation.
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