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Interest Rates Australia August 2022. Australian Information from www.abcdiamond.com.au
The Reserve Bank sets the target 'cash rate', which is the market interest rate on overnight funds Australians have welcomed the Reserve Bank's decision to cut interest rates for the first time in years, but will have to wait slightly longer to find out whether another is on the way.
Interest Rates Australia August 2022. Australian Information RBA Holds Cash Rate at 4.35% for Over a Year - Change on the Horizon? For 13 consecutive months, the Reserve Bank of Australia (RBA) has maintained the cash rate at 4.35% However, experts now believe that change could be on the way, potentially offering much-needed relief for borrowers who have battled rising costs since the pandemic. Discover the latest fixed interest rates in Australia for 2025
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