RBA Holds Rates But Warning Lingers | Australia News

The Reserve Bank has paused interest rate hikes, keeping the cash rate steady at 4.35% — a hawkish hold that signals inflation is still too high and won’t hit target until late 2027. While welcomed amid global uncertainty, this pause is fueling a surprising housing boom: property listings hit a seven-year high, homes are selling slower, and prices are dipping — giving buyers more choice than in years. Lenders are now offering variable rates starting at 5%, competing fiercely after recent budget changes. Experts urge homeowners to refinance for savings — even without cuts — potentially saving tens of thousands over 25 years by redirecting monthly savings into their mortgage or offset account. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/0a4ac7504fbc241d