Economists are predicting the cash rate to stay on hold when the RBA meets next week, but there is hope on the horizon for mortgage holders.
The Reserve Bank of Australia is tipped to keep interest rates on hold next week, but hard-pressed mortgage holders should expect a cut by Christmas.
Predictions of a hold come in the wake of data released earlier this week showing Australia's headline annual inflation has risen to 3.8 per cent, largely meeting market expectations. "Australia's core inflation rate, which excludes the most volatile products such as food and energy, has slowed enough to almost rule out another rate rise.
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