Official Cash Rate unchanged for now, but hikes on their ...

What this episode covers

Good news for people with mortgages, the official cash rate is unchanged for now, but hikes are coming. The Reserve Bank is expecting inflation to head north of four percent by September, off the back of the Middle East conflict. In a split decision the Reserve bank held the cash rate at 2.5 percent. Governor Anna Breyman, had to use her casting vote to keep it there. Economics correspondent Gyles Beckford spoke to Lisa Owen.

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Frequently Asked Questions

How long is this episode of Checkpoint?

This episode is 6 minutes long.

When was this Checkpoint episode published?

This episode was published on May 27, 2026.

What is this episode about?

Good news for people with mortgages, the official cash rate is unchanged for now, but hikes are coming. The Reserve Bank is expecting inflation to head north of four percent by September, off the back of the Middle East conflict. In a split decision...

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