Tag: Interest rate reduction
RBA Rate Cut Puts Hundreds Back in Borrowers’ Pockets
The Reserve Bank of Australia (RBA) decided to throw a bone to all those struggling to pay their mortgages by slashing interest rates by 25 basis points. The official cash rate target of Australia...
RBA Cuts Rates for First Time Since 2020: Live Updates
The Reserve Bank of Australia (RBA) recently announced a significant development—the first interest rate cut since 2020. This decision, made by Deputy Governor Michele Bullock, has sparked a mix of hope and uncertainty among...