Overview

• All 39 economists in a Reuters poll expect the Reserve Bank of Australia to keep the cash rate at 3.60% on September 30.
• A separate Finder survey of 32 experts also finds unanimous expectations for a hold, signaling borrowers may have to wait longer for relief.
• The median forecast still points to 3.35% by year-end after one more 25 basis-point cut, though a minority now anticipate no further change in 2025.
• August CPI quickened to 3.0% year on year, prompting several forecasters to say any November cut depends on the Q3 inflation print.
• Major banks diverge on timing, with ANZ, CBA and Westpac tipping a November move while NAB projects no change until May next year.