Flourish Health & Wellbeing eMag - Latest Edition - Flipbook - Page 16
CONVERGE
WHAT
AUSTRALIA’S
RBA CASH
RATE
MEANS
FOR YOU
(and Why the Cut Has Hit the
Brakes)
This article does not represent financial advice or recommendations)
Australia’s official cash rate—
currently 3.85%—serves as the
benchmark for interest rates on
everything from mortgages to
savings. Once the summer of rate
reduction began in 2025, with cuts
in February (to 4.10%) and May (to
3.85%), many Australians felt a
collective sigh of relief. But in July,
the Reserve Bank of Australia (RBA)
hit pause. Let’s unpack what this
means for everyday Aussies and
explore why those further cuts have
stalled.
