The Reserve Bank of Australia (RBA) has decided to keep interest rates at 4.10%, following a 0.25% rate cut in February - the first cut since 2020.

Why did they do this?

Inflation has dropped significantly since 2022, mainly due to previous rate hikes, which slowed down spending.

The RBA wants to be sure inflation stays under control before making any further cuts.

Global factors, like trade tensions and potential U.S. tariffs, are adding uncertainty, so the RBA is being cautious.


What does this mean for house prices?

When interest rates stay the same or go down, borrowing money becomes cheaper, making home loans more affordable.

If rates drop further later this year (which some experts predict after the May election), more people may enter the housing market, increasing demand.

Higher demand can push house prices up, especially in high-growth areas.


In short, while rates haven’t changed this time, future cuts could make buying a home easier and drive up prices in some parts of Australia.