Original article by Matthew Cranston
The Australian – Page: 1 & 4 : 10-Dec-25

The Reserve Bank of Australia’s decision to leave the cash rate unchanged at 3.6 per cent on Tuesday had been widely expected, given the rise in both headline and underlying inflation in November. However, RBA governor Michele Bullock has stated that the underlying momentum in the economy suggests that further interest rate cuts may not be needed. Meanwhile, HSBC’s chief economist Paul Bloxham says his firm believes that the RBA may increase the cash rate in the September quarter, while Andrew Ticehurst from Nomura expects interest rates to remain on hold throughout 2026. Financial markets in turn have priced in the potential for two interest rate rises next year.

CORPORATES
RESERVE BANK OF AUSTRALIA, HSBC AUSTRALIA HOLDINGS PTY LTD, NOMURA AUSTRALIA LIMITED