RBA REDUCES CASH RATE TO 3.60%
In a move set to offer much-needed relief for Australian households, the Reserve Bank of Australia has reduced the official cash rate by 0.25%, lowering it from 3.85% to 3.60%.
This marks the third rate cut in 2025, driven by softer-than-expected inflation figures and mounting signs of an economic slowdown.
For mortgage holders, this quarter-percent reduction could translate into significant annual savings—potentially hundreds of dollars—depending on the size and structure of their loan. More broadly, it’s a clear signal that the RBA is focused on easing financial pressures and stimulating economic growth.
Click HERE to read the RBA's full announcement.