RBA live: Millions of Aussies await interest rate decision

Welcome to our live coverage of today's RBA interest rate decision.We’ll be here in the lead up to the 2:30pm announcement this afternoon, sharing the latest news, forecasts, data and expert commentary around the potential outcomes for the decision and what it means for homeowners and the wider property market.The bank is largely expected to keep interest rates on hold today at 4.35% for a second consecutive time, following cooler than anticipated inflation figures from June.Jump to key updates12:14pm RBA optimistic despite high inflation RBA Governor Michele Bullock. Picture: Gaye GerardHome prices continuing to drop1:02pmWhile households will be hoping the Reserve Bank has finished hiking rates for now, continued fears around the resilience of the property market are clouding the outlook for this afternoon.The realestate.com.au Home Price Index shows national home prices fell in April, May, June and July, wiping $14,000 in value off a median priced Aussie home since the start of the Iran War in late February.Regional areas continue to outperform their capital city counterparts, with prices in regional Australia up 8% on July 2025, led by strong growth in Western Australia, Tasman...