The cash rate has been left on hold at 4.35 per cent after the Reserve Bank board met for the final time this year.
Reserve Bank of Australia decides to keep cash rate on hold at 4.35 per cent in final decision of 2024
The figure has remained steady since December last year, with no rate cuts on the cards as the RBA monitors underlying inflation. Picture: NCA NewsWire/Joel Carrett. The ABS’ latest quarterly inflation report found headline inflation dropped from 3.8 per cent to 2.8 per cent for the 12 months to the September quarter while underlying inflation fell from four per cent to 3.5.
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