As widely expected, the Reserve Bank of Australia (RBA) hiked rates for the second straight meeting, lifting the cash rate to 4.1% (from 3.85% previously). The consensus across banking sector economists and financial markets is another hike in May, which would fully reverse the 2025 interest rate cuts. This second hike for the year represents a…
RBA reverses course to regain control over inflation, but a single hike is unlikely to alter the housing market balance. At its first meeting for 2026, the Reserve Bank of Australia (RBA) lifted the cash rate to 3.85% (from 3.6% previously). This decision came in the wake of a surprise tightening in the labour market…