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ABC News Daily

Why the RBA shocked borrowers and held rates

16 min • 8 juli 2025

The Reserve Bank board has defied the expectations of investors, many economists and even the treasurer. 

It’s not giving borrowers an interest rate cut this month, revealing a six to three split on the decision to keep rates on hold. 

Today, the ABC’s business editor Michael Janda on whether the RBA is playing it too safe. 

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Michael Janda, ABC Business Editor

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