π Cash Rate Stays Same Amid Inflation Worries
The Board decided to keep the cash rate target unchanged at 4.35 per cent during its meeting. This decision was made while acknowledging material inflation picked up in the second half of 2025. Headline inflation remains too high, despite the Middle East conflict's impact being less than anticipated. Financial conditions have tightened due to three cash rate increases this year. Further uncertainty remains regarding domestic economic activity and the resolution of the Middle East conflict. π§