Election Diary: Jim Chalmers highlights expectations of May interest rate cut - after the election
- Written by Michelle Grattan, Professorial Fellow, University of Canberra
Amid the chaos of the tariff crisis and the dark clouds internationally, there is a potential silver lining for Australian mortgage holders.
Treasurer Jim Chalmers on Monday pointed out that the markets were expecting several cuts in Australia’s interest rates this year, including one next month. There has been one cut so far, in February.
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