Any hopes of a Christmas treat for borrowers in the form of lower interest rates were dealt a blow this week, with the Reserve Bank again opting to leave the cash rate unchanged at 3.60 per cent.
It came as no surprise, with some economists even predicting no change into the second half of 2026. RBA Governor Michele Bullock echoed the sentiment, suggesting that interest rates were ‘not even on the table’ in this week’s meetings, since it is ‘hard to assess where inflation is headed’.