EconomyRBA holds cash rate at 4.35% as Sydney and Melbourne house prices fall

The Reserve Bank of Australia has left its cash rate unchanged at 4.35%, in a decision that was widely expected. The move comes despite persistent concerns about elevated inflation. Sydney and Melbourne property prices have undergone a steep decline following three rate increases earlier this year and major reforms to taxes affecting investors. The decision keeps attention focused on the tension between inflation worries and weakening housing markets.

Reserve Bank of Australiainterest ratesinflationhouse prices

TThe Guardian★★★☆☆2026-08-11 04:30Original