📉 There's wide expectation the Reserve Bank of Australia (RBA) will slice rates in 2025.
📅 When does the RBA meet this year?
Feb 17-18
Mar 31-Apr 1
May 19-20
Jul 7-8
Aug 11-12
Sept 29-30
Nov 3-4
Dec 8-9
🗣 Their responsibility is "Monetary policy". The RBA sets interest rates, which affects other interest rates in the market (on home loans, for example). The RBA's goal is to achieve price stability, full employment, and economic prosperity.
Will this be the year borrowers receive interest rate relief?
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Victor Simone. Principal Mortgage Broker ☎️ 0438 257 888
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