After years of pain for borrowers, Australia’s interest rate cycle has finally turned. The Reserve Bank of Australia (RBA) made its first cut in February 2025, dropping the cash rate to 4.10%, and held steady in April. Now the question on everyone’s mind: what happens next? NAB Goes Bold with Double Cut Forecast National Australia Bank (NAB) has broken ranks with the other major banks, predicting a hefty 50 basis point cut in May 2025. “We expect the RBA to cut the cash rate by 50 basis points in May, followed by 25 basis point cuts in July, August, November, … Continue reading RBA rates turn: Bank predicts 50 point May cut; rivals eye just 25 point moves