The Reserve Bank has cited increasing confidence that inflation will remain within its target band for its decision to cut interest rates for the third time this year.
While it’s not good news for savers, for borrowers, it means lower mortgage rates.
#interestrates #finance #mortgage #australianews #housing
SBS News is Australia’s trusted news source for the latest news from Australia and across the world.
Subscribe to the SBS News YouTube channel: https://www.youtube.com/@SBSNews
Follow SBS News on Instagram: https://www.instagram.com/sbsnews_au
Follow SBS News on TikTok: https://www.tiktok.com/@sbsnews_au
Follow SBS News on X: https://www.twitter.com/SBSNews
Follow SBS News on Facebook: https://www.facebook.com/sbsnews
Apple News: https://trib.al/MTx0gUe
For the latest news, visit www.sbs.com.au/news
Network Terms & Conditions: https://sbs.com.au/terms
Privacy Policy: https://sbs.com.au/privacy
Feedback or complaints: https://sbs.com.au/complaints
