Key Takeaway
In a widely expected decision, the Reserve Bank of Australia holds interest rate after three consecutive hikesFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastThe Reserve Bank has held the cash rate at 4. 35% in a widely expected decision despite persistent worries about elevated inflation.
Published August 11, 2026 · Category: News
Overview
In a widely expected decision, the Reserve Bank of Australia holds interest rate after three consecutive hikes
The Reserve Bank has held the cash rate at 4.35% in a widely expected decision despite persistent worries about elevated inflation.
Details
The announcement comes amid a steep decline in property prices in Sydney and Melbourne after three rate hikes earlier this year and major reforms to investor taxes.
Continue reading...
Source
Originally published at www.theguardian.com.
Related Articles
Frequently Asked Questions
What is "RBA interest rates: Reserve Bank holds cash rate at 4.35% as house prices continue to fall" about?+
In a widely expected decision, the Reserve Bank of Australia holds interest rate after three consecutive hikesFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastThe Reserve Bank has held the cash rate at 4.35% in a widely expected decision despite persistent worries about elevated inflation.The announcement comes amid a steep decline in property prices in Sydney and Melbourne after three rate hikes earlier this year and major reforms
Who reported this story?+
This story was reported by The Guardian World.