Looking up at the grid of windows on the Reserve Bank of Australia's pale stone head office tower under a grey sky, with bare tree branches at right.
Financial

RBA Cuts Rates to 3.85%: Relief for Borrowers, Challenges for First-Time Buyers

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The Reserve Bank cut the cash rate to 3.85 per cent in May 2025, its second cut of the year, saving about $114 a month on a $750,000 loan.