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When will your bank pass on the rate cut?
Now that the RBA has cut the cash rate by 0.25% to 4.10% on 18-02-2025, the key questions are:
- How much will your bank pass on? and
- When will your bank pass on the rate cut?
Below is a chart of financial institutions that have announced their plans.
* Chart from: https://www.rba.gov.au/statistics/cash-rate/
* Table tabulated from: https://www.savings.com.au/news/rba-rate-cut-february-2025#anz