Interest Rates 2024 Australia

Interest Rates 2024 Australia

Interest Rates 2024 Australia. The interest rate we control is the cash rate, which is the rate that banks charge each other to borrow overnight. The table shows monetary policy decisions taken by the reserve bank of australia.


Interest Rates 2024 Australia

After almost two years of interest rates rising, many mortgage holders hope rates could be cut at some point in 2024. Ing then expected australian interest rates to be cut to 3.85% in the final quarter of 2023, to 3.10% in the beginning of 2024, and to 2.35% by the end of 2024.

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