At its meeting today, the Reserve Bank of Australia (RBA) decided to lower the cash rate target by 0.25 percent to 3.85 per cent.
This is welcome news to mortgage holders and property owners looking to sell in the short to medium term.
Inflation has returned to within the RBA’s target range of 2-3 percent and looks to have stabilised. There is plenty of uncertainty especially around the world with Trump tariffs and how that will play out for Australia.
However, overall, there was no reason not to drop rates and more cuts should be expected to come through the rest of 2025.
About the writer
Ian Pepper has had a long and distinguished career as a finance and real estate professional. Originally trained as a Chartered Accountant in 1995, Ian worked in Sydney and London. He has an MBA from Macquarie Graduate School of Management and now sells real estate with Ray White Helensburgh. Ian also volunteers with local community groups including school P&Cs, sporting clubs and business chambers.
Ian is a regular advertiser in the Illawarra Flame.
