RBA cash rate

[divs4ever]

Incomprehensible housing prices don’t need more fuel.

Good decision by the RBA.

not just about house ( real estate ) prices , but the country does need to make more sensible use of existing capital

growing your way out of what might be a recession probably won't work when several major trading partners are already under financial stress ( notably the EU and UK )

 

[farmerge]

The number: The Reserve Bank of Australia has stunned the market and economists by holding fire on a much anticipated rate cut and leaving the official cash rate on hold at 3.85 per cent.

Plenty of people had hung their hats on the RBA taking heed of the banks and lenders. Sadly for them, not this time around.

 

[qldfrog]

Behind paywall, but a different view

Ordinary Australians should take comfort from the shock RBA call

Sit tight and be grateful for the cuts dished out in February and May – they are flowing through the economy. If we want growth, it is time to help ourselves.

www.afr.com

 

[DrBourse]

 

[DrBourse]

Market Wraps

Evening Wrap: ASX 200 surges on inflation beat, economists now tipping 4 rate cuts by May 2026​

By Carl Capolingua
Wed 30 Jul 25, 5:30pm (AEST).

What a crock of S#it that headline, and article, actually is...

Analysts & economists are just trying to justify their existence, and their worth to the ASX Sandpit..
They would love 4 cuts within the next 15/16 months, that would help prove their worth..

HOWEVER...

The country of Australia cannot afford ANY RATE CUTS atm, or within the near future.
The worlds political environment is still too unstable, and the "Thump Tarrif Situation" is still unresolved..

Any Knee-Jerk cuts this year will prompt more Rate Rises sooner rather than later...

 

[Dona Ferentes]

RBA cuts rates 0.25pc to 3.6pc in unanimous decision​

The number: The Reserve Bank of Australia cut the official cash rate for the third time this year by 25 basis points to 3.6 per cent as widely expected by the financial market and economists. The vote was a unanimous decision among the nine board members.

What was said: ”With underlying inflation continuing to decline back towards the midpoint of the 2–3 per cent range and labour market conditions easing slightly, as expected, the Board judged that a further easing of monetary policy was appropriate.”

“The Board nevertheless remains cautious about the outlook, particularly given the heightened level of uncertainty about both aggregate demand and potential supply. It noted that monetary policy is well-placed to respond decisively to international developments if they were to have material implications for activity and inflation in Australia.”

 

[farmerge]

RBA cuts rates 0.25pc to 3.6pc in unanimous decision​

The number: The Reserve Bank of Australia cut the official cash rate for the third time this year by 25 basis points to 3.6 per cent as widely expected by the financial market and economists. The vote was a unanimous decision among the nine board members.

What was said: ”With underlying inflation continuing to decline back towards the midpoint of the 2–3 per cent range and labour market conditions easing slightly, as expected, the Board judged that a further easing of monetary policy was appropriate.”

“The Board nevertheless remains cautious about the outlook, particularly given the heightened level of uncertainty about both aggregate demand and potential supply. It noted that monetary policy is well-placed to respond decisively to international developments if they were to have material implications for activity and inflation in Australia.”

@Dona Ferentes Well the financial gurus got it right with out consulting the RBA Board this time.

 

[DrBourse]

Market Wraps

Evening Wrap: ASX 200 surges on inflation beat, economists now tipping 4 rate cuts by May 2026​

By Carl Capolingua
Wed 30 Jul 25, 5:30pm (AEST).

What a crock of S#it that headline, and article, actually is...

Analysts & economists are just trying to justify their existence, and their worth to the ASX Sandpit..
They would love 4 cuts within the next 15/16 months, that would help prove their worth..

HOWEVER...

The country of Australia cannot afford ANY RATE CUTS atm, or within the near future.
The worlds political environment is still too unstable, and the "Thump Tarrif Situation" is still unresolved..

Any Knee-Jerk cuts this year will prompt more Rate Rises sooner rather than later...

Now, apparently "Mortgagees and investors have pegged more RBA rate cuts this next cycle”..

Rate Cuts/Rises have absolutely nothing to do with what 'Mortgagees & Investors" want….

If Mortgagees & Investors have Over Committed, then that's their problem…

The RBA was Bullied into the last Rate Cut (that's the one that should never have happened)…

 

[DrBourse]

Now, apparently "Mortgagees and investors have pegged more RBA rate cuts this next cycle”..

Rate Cuts/Rises have absolutely nothing to do with what 'Mortgagees & Investors" want….

If Mortgagees & Investors have Over Committed, then that's their problem…

The RBA was Bullied into the last Rate Cut (that's the one that should never have happened)…

Yup - my call last week (Post #644 & #645 on 31/7) were for "NO CUTS BACAUSE AUSTRALIA, AS A COUNTRY, CANNOT AFFORD THEM", appears to have sunk in with the RBA...

So will it just be no cut for the next cycle then Rate Increases for a few cycles after that, dunno yet, maybe just no more cuts till later in 2026, again dunno...

The RBA still confronts many unknowns, they made a 'Guess Call' on those unknowns just before their last cut, and now they realise their mistake - so maybe now they will look at, and take into consideration all those "External & Very Uncertain Influences", like what will that idiot's next move be...

Then there is the problem that the general Aust Public is calling for, and expects Rate Cuts...
Their overcommitted personal situation has nothing to do with the Rate Call decisions...

Particularly those of the public that have taken on exhorbitant Housing Mortages that they could never afford in the first place, and should never have entered into...
Our Banks offer loans that suck the average worker into financial armageddon, just in order for the Banks look good - the Banks really are a big part of the equation...