The RBA’s Messy Day And Why Rate Cuts Might Be Delayed – Again!

It was a busy day at the RBA on Thursday, as their July 2025 Bulletin was released, including important analysis on how International Students impact the Australian economy (and housing); and also Michele Bullock speaking at the Anika Foundation fundraising lunch warned that the Reserve Bank of Australia’s preferred measure of underlying inflation may not fall as quickly as anticipated, implying that an interest rate cut next month is not guaranteed. So I am going to pick these themes apart in today’s show, with an important caveat, we need to realise the RBA has an agenda too and is walking […]