The Reserve Bank of Australia (RBA) has raised interest rates for the first time in over two years, marking a significant shift in monetary policy. This move comes after a prolonged period of steady rates aimed at supporting economic recovery. Understanding what this rate hike means for individuals, businesses, and the broader economy is essential as Australians adjust to the new financial landscape. Why the RBA Decided to Hike Rates The RBA’s decision reflects changes in eco

The Reserve Bank of Australia (RBA) has announced its decision to keep the cash rate steady in December for its final meeting of 2025. This move has sparked interest among investors, homeowners, and economists alike. Understanding why the RBA chose to hold the rate and what it means for the economy can help individuals and businesses make informed financial decisions in the coming months. What the Cash Rate Means for the Economy The cash rate is the interest rate set by the R