Official cash rate pause could fuel new borrower confidence

Official cash rate pause could fuel new borrower confidence

Reserve Bank fuels borrowing confidence by keeping the cash rate unchanged at 4.75%. Households stop growing their savings, $1.02 billion drop in June. Home loans up by $9.6 billion in June.

Did you find this helpful? Why not share this article?

Advertisement

RateCity
ratecity-newsletter

Money Health Newsletter

Subscribe for news, tips and expert opinions to help you make smarter financial decisions

By submitting this form, you agree to the RateCity Privacy Policy, Terms of Use and Disclaimer.

Advertisement

Learn more about nonspecific