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RBA cash rate Hold 3.60%

• 𝗧𝗵𝗲 𝗥𝗲𝘀𝗲𝗿𝘃𝗲 𝗕𝗮𝗻𝗸 𝗼𝗳 𝗔𝘂𝘀𝘁𝗿𝗮𝗹𝗶𝗮 (𝗥𝗕𝗔) 𝗵𝗮𝘀 𝗸𝗲𝗽𝘁 𝘁𝗵𝗲 𝗰𝗮𝘀𝗵 𝗿𝗮𝘁𝗲 𝘂𝗻𝗰𝗵𝗮𝗻𝗴𝗲𝗱 𝗮𝘁 𝟯.𝟲𝟬% following its December monetary policy meeting. You can read the full statement in the link above.
• This decision comes on the back of slightly stronger inflation data, with trimmed mean inflation – the RBA’s preferred measure – rising to 3.3% in the 12 months to October, up from 3.2% in September (ABS). Although inflation remains above the 2–3% target band, the RBA believes current policy settings are still sufficiently restrictive to guide inflation lower over time.
• In a recent speech, RBA Assistant Governor Sarah Hunter highlighted that the RBA is keeping a close eye on business pricing behaviour and the economy’s overall supply capacity. She also noted that “forecasting inflation over the past few years has been challenging,” which is why the RBA remains vigilant as conditions across households and businesses continue to evolve.
• For buyers and sellers, a steady cash rate provides a more predictable environment. Stability in borrowing costs can help buyers plan with greater confidence and support sellers in attracting committed purchasers.
• If you’d like to discuss how the current cash rate environment may influence your selling strategy, buyer demand, or your next move in the property market, YES Real Estate is here to help. Let’s navigate the opportunities together.