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RBA INCREASES CASH RATE TO 4.10%

For the second time in 2026, the Reserve Bank of Australia (RBA) has increased the official cash rate by 0.25%, taking it to 4.10%. This latest adjustment is expected to cost the average borrower around $1,416 per year.

The decision comes amid ongoing global uncertainty, including tensions in the Middle East, and continued concerns that inflation is proving more persistent than initially anticipated. While inflation has eased from its peak, underlying price pressures remain above the RBA’s target range of 2–3%, according to Eleanor Creagh from REA Group.

Despite these broader economic shifts, well-presented and well-positioned properties continue to attract strong buyer interest.

As your trusted local property specialists, we’re here to provide clear advice and help you make informed decisions in today’s evolving market.