Interest Rate Cuts 2024 Australia. At its february 2024 meeting, the reserve bank board decided to leave the cash rate target unchanged at 4.35 per cent. Will australians see rate cuts in 2024?

For the first time since the reserve bank began its long chain of rate hikes in 2022, the markets are predicting four interest rate cuts in the next 12 months. The recent interest rate cuts by sa and us policymakers added impetus to sa’s real estate investment trusts (reits) during september, with nearly r14bn in shares.