When will Australia Cut Interest Rates?

[@gemmagold3826]

Legend. I need to get in touch with you. We have a unit in Brisbane that has a fair amount of equity so we’re looking to purchase a second property or sell the unit to buy a stand alone for better cash flow

[@berencelik3869]

Regarding to latest data the CPI was 2.7 and core inflation is 3.4 The chance of waiting rate cut until May 2025 is possibly less than %1. I would expect for the first rate cut by December 2024 almost certain.

[@rw-xf4cb]

Government wants a cut before going into the election cycle!

[@mrdobalina3451]

Agree. I think we will see one soon…, just in time for Xmas.

[@rw-xf4cb]

The big R is already here - just increased immigration and government spending keeping the numbers up. As for inflation government could cut excise on fuel a major input into all costs but they didnt and they also let the increase go through - twice annually it automatically rises (supposedly subject to the CPI?).

[@FlibDokky]

yep using interest rate of everyday Aussies as a brake for the entire economy is a joke. Mass immigration is also fcking all of us

[@MelbourneTuffCars]

Call 1st rate cut in March 2025 and total of 1% by end of 2025,

[@dazlina]

Isn’t that cut just after an election? Just saying. 😂