The country's benchmark rates are now at to 3.6%, their lowest since April 2023. The RBA had downgraded its full year GDP forecasts for 2025 to 1.7% from 2.1% Falling inflation had led to the rate cut ...

A major Australian bank has slashed fixed mortgage rates for the second time this year in a sign lenders can expect some much-needed relief. Macquarie Bank, Australia's fifth biggest bank, has cut its ...