The country's benchmark rates are now at to 3.6%, their lowest since April 2023. The RBA had downgraded its full year GDP forecasts for 2025 to 1.7% from 2.1% Falling inflation had led to the rate cut ...
MELBOURNE, Australia (AP) — Australia’s central bank lifted its benchmark interest rate Tuesday by a quarter percentage point to 3.85%, after three rate cuts last year and as inflation surges. The ...
SYDNEY, Australia, August 13, 2025 (EZ Newswire) -- As interest rates decline, Australians nearing or in retirement are reconsidering their investment strategies. Many are shifting from growth-focused ...
Changes to interest rates may potentially have less of an impact on household spending than previously thought or forecasted, according to an update from Australia’s Commbank, which also noted that ...