RBA Expected to Hold Interest Rates on Tuesday

Families hoping for mortgage relief this Christmas may be disappointed as Reserve Bank Governor Michele Bullock indicates a potential interest rate hike in 2026, despite the current rate remaining at 3.6%. Core inflation has risen to 3.3%, prompting debate among economists about the RBA’s strategy, with some suggesting rate hikes are premature. New data shows over half of Australian households improved their credit scores this year, reflecting the benefits of lower interest rates. Maintaining good credit health remains crucial amid ongoing cost-of-living pressures.

Want More Context? 🔎