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Mortgage rates to stay put at 4.35% as RBA holds steady
Australian Community Media
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2/6/2024
Mortgage holders can breathe a sigh of relief as the Reserve Bank of Australia has chosen to maintain its current cash rate of 4.35% in its first meeting of 2024.
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00:00
Hi.
00:02
LAUGHTER
00:04
MUSIC
00:06
The inflation rate still has a four in front of it.
00:26
The best thing that we can do with our tool
00:30
is help households deal with the cost of living by getting inflation down.
00:35
That's our aim. We want it back in the background again
00:37
when people aren't worrying about it.
00:39
MUSIC
00:42
That's a good one.
00:44
MUSIC
00:46
MUSIC
00:48
MUSIC
00:50
MUSIC
00:52
MUSIC
00:54
MUSIC
00:56
(upbeat music)
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2:50
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