by Financially Sorted | Mar 3, 2025 | Interest Rates
On 18 February 2025, the Reserve Bank of Australia (RBA) announced a reduction in the cash rate, bringing it down to 4.10% from 4.35%. This is a significant moment for the Australian economy, as it is the first rate cut in over four years. The decision reflects...
by Financially Sorted | Sep 24, 2024 | Interest Rates
Over the past few weeks, the politicians have weighed in on the Reserve Bank of Australia’s economic policy and their resistance to reduce interest rates in the face of community pressure. We look at what the numbers are really showing. Australian mortgage holders and...