8th July 2025

Finder RBA Survey: July 2025

Finder RBA Survey: July 2025

In a surprise move, the Reserve Bank of Australia (RBA) left the cash rate on hold today.

In this month’s Finder RBA Cash Rate Survey™, 34 experts and economists weighed in on future cash rate moves and other issues relating to the state of the economy.

Just 12% of experts (4/34) correctly predicted the outcome, keeping the cash rate at 3.85%.

Graham Cooke, head of consumer research at Finder, said today’s decision would not be popular.

“There is still a portion of homeowners who are in severe mortgage stress doing it tough.

“It’s soul-crushing when you think relief is coming only to find that you need to wait another couple months.

“Cut or not, there is still a significant difference between the average and lowest rate available. You can potentially give yourself nearly 2 rate cuts by getting on the front foot and switching,” Cooke said.

The four experts who correctly predicted the hold cited good inflation figures and a stable economy.

Tim Reardon from the Housing Industry Association explained, “Unemployment is still low and the RBA will prefer to see the official quarterly CPI data at the end of July.”

Cameron Murray from Fresh Economic Thinking said CPI is in the target band and there weren’t any sudden changes to key economic metrics.

Andrew Wilson from My Housing Market noted, “Current rate settings have achieved a balance between growing consistency in maintaining the RBAs inflation target and a strong economy reflected in a robust and resilient labour market.”

Nalini Pr from UNSW Sydney said she thinks the RBA will “wait and see what happens in the next quarterly CPI before making any decisions about the path of interest rates.”

Full Article: Finder