Rba March 2025 Cash Rate Changes. Pickering noted that the rba rarely delivered a solitary rate hike or cut, citing they often arrived in groups. Learn more about the cash rate target.

Despite these cuts to savings rates, westpac chief executive, consumer, jason yetton, said the bank’s headline savings rates were still above the rba’s new cash rate of 4.1%. The rba’s first cash rate cut since november 2020, when it took to emergency level of 10 basis points during the pandemic crisis, will reduce the monthly repayments on an owner.