Market analysts are expecting the Reserve Bank of Australia to cut interest rates in August, despite a surprise decision to keep the cash rate on hold in its previous board meeting.
ABC finance journalist Alan Kohler says the government’s spending policy has mitigated the impact of the central bank’s series of quick-fire rate hikes since 2022 on unemployment.
Subscribe: http://ab.co/1svxLVE
Read more here: https://www.abc.net.au/news/2025-08-10/if-the-rba-cuts-rates-expect-property-prices-to-rise-again/105632180
ABC NEWS provides around the clock coverage of news events as they break in Australia and abroad. It’s news when you want it, from Australia’s most trusted news organisation.
For more from ABC NEWS, click here: https://ab.co/2kxYCZY
Watch more ABC NEWS content ad-free on ABC iview: https://ab.co/2OB7Mk1
Go deeper on our ABC NEWS In-depth channel: https://ab.co/2lNeBn2
Like ABC NEWS on Facebook: http://facebook.com/abcnews.au
Follow ABC NEWS on Instagram: http://instagram.com/abcnews_au
Follow ABC NEWS on X (Twitter): http://twitter.com/abcnews
Note: In most cases, our captions are auto-generated.
#ABCNEWS #ABCNEWSAustralia #abcnewschannel
