How low will they go? Economists predict end of RBA rate cut run

The Reserve Bank of Australia is almost certain to lower the cash rate to 3.6 per cent on Tuesday, but economists say weak productivity growth, low unemployment and rising government spending mean only one or two more rate cuts are likely from here.

The RBA monetary policy board shocked financial markets in July when it voted 6-3 to leave the cash rate on hold at 3.85 per cent, despite expectations the nine-member committee was almost certain to lower interest rates by 0.25 percentage points. The three dissenting board members voted for a rate cut.

Source: https://www.afr.com/policy/economy/rba-interest-rates-michele-bullock-20250811-p5mlwm