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Michael Janda
ABC's business editor, providing insights on the RBA's decision and economic factors.
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Jul 8, 2025
• 16min
Why the RBA shocked borrowers and held rates
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Michael Janda, ABC's business editor, discusses the Reserve Bank of Australia's unexpected decision to hold interest rates steady, much to the surprise of analysts and the Treasurer. He examines the split views within the board regarding inflation data's reliability. Janda also explores the implications for households, especially those with mortgages, amidst ongoing economic uncertainties. The talk touches on how global trade issues and key economic indicators might shape future decisions on interest rates.
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