Browsing: RBA

Treasurer Jim Chalmers has dismissed criticism over his recent remarks on the RBA’s interest rate decisions, defending his stance amid ongoing debate about economic policy and inflation management.

Australian mortgage holders continue to face financial strain as rising living costs persist, despite recent interest rate cuts by the RBA. Many Australians struggle to balance mortgage repayments with daily expenses.

The Reserve Bank of Australia left interest rates unchanged in its July meeting, citing that the case for a hike has not been established. The decision marks a pause amid mixed economic signals.