RBA interest rates live updates: Central bank delivers third rate cut to help struggling homeowners
MORTGAGE RELIEF: After surprising almost everyone by showing signs of caution last month, the central bank has today said the time is right to deliver another lot of rate relief.
Scroll down for all the latest updates.
Key events
12 Aug 2025 - 02:30 PM
ANZ, NAB late-comers but also agree to cut
12 Aug 2025 - 01:52 PM
Westpac joins the party!
12 Aug 2025 - 01:43 PM
Commonwealth Bank first of big four to move
12 Aug 2025 - 01:26 PM
Macquarie first to move with rapid-fire cut
12 Aug 2025 - 01:11 PM
Is the RBA now close to neutral?
12 Aug 2025 - 01:07 PM
Flashback to April 2023 ...
12 Aug 2025 - 01:03 PM
Chalmers says Albanese Government economic plan on ‘right track’
12 Aug 2025 - 12:59 PM
Chalmers warns cut won’t fix Australia’s economic problems
12 Aug 2025 - 12:52 PM
‘Lowest rate for more than two years’: Chalmers responds to RBA cut
12 Aug 2025 - 12:49 PM
Equity growth to eclipse rate cut relief for homeowners
12 Aug 2025 - 12:38 PM
But once again, a note of caution
12 Aug 2025 - 12:36 PM
Here’s what RBA had to say ...
12 Aug 2025 - 12:35 PM
And, at last, it’s a cut!
12 Aug 2025 - 12:14 PM
Getting on with the jobs
12 Aug 2025 - 12:00 PM
Why RBA was right to hold in July
12 Aug 2025 - 11:37 AM
Should you fix your home loan rate?
12 Aug 2025 - 11:30 AM
We’re using more cash, apparently
12 Aug 2025 - 11:13 AM
Aussie shares edge higher ahead of rates call
12 Aug 2025 - 11:07 AM
Experts hedging their bets
12 Aug 2025 - 10:54 AM
Rush to refinance as homeowners race ahead of RBA
12 Aug 2025 - 10:49 AM
What RBA boss said at the last meeting ...
12 Aug 2025 - 10:24 AM
Have you sprung a savings leak?
12 Aug 2025 - 09:54 AM
Battered young homeowners deserve a cut, says Kochie
12 Aug 2025 - 09:30 AM
What to check with your bank if there is a cut
12 Aug 2025 - 09:21 AM
What you’ll save on your mortgage ...
12 Aug 2025 - 09:10 AM
How low can the RBA go?
How low can the RBA go?
Even as homeowners look set to score another boost to the family budget, economists have said borrowers must rein in expectations of more relief this year.
Only one or two more cuts were thought to be likely in this cycle.
“The RBA is expected to cut the cash rate 25 basis points to 3.6 per cent, however improved spending, firmer activity, and persistent inflation suggest this could be the last cut of the current easing cycle,” Judo Bank’s Warren Hogan said.
He said that cash rate would be close to neutral — where the RBA is not applying the brakes or the accelerator.
“Strong domestic activity data and some concerning inflation indicators in recent weeks are consistent with the RBA having been cautious,” Mr Hogan said.
“We expect the RBA to be on hold for an extended period after this week’s predicted rate cut.”
