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RBA interest rates: Reserve Bank holds cash rate at 4.35% as house prices continue to fall

The Guardian World Tuesday 11 August 2026, 04:30 UTC By Luca Ittimani and Patrick Commins 1 min read
Key Points

In a widely expected decision, the Reserve Bank of Australia holds interest rate after three consecutive hikesFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastThe Reserve Bank has held the cash rate at 4.35% in a widely expected decision despite persistent worries about elevated inflation. The announcement comes amid a steep decline in property prices in Sydney and Melbourne after three rate hikes earlier this year and major...

In a widely expected decision, the Reserve Bank of Australia holds interest rate after three consecutive hikes

The Reserve Bank has held the cash rate at 4.35% in a widely expected decision despite persistent worries about elevated inflation.

The announcement comes amid a steep decline in property prices in Sydney and Melbourne after three rate hikes earlier this year and major reforms to investor taxes.

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Originally published by The Guardian World Read original →

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