April 2023 Mortgage & Property Update: Cash Rate 3.60%

April 2023 rate watch: The policy rate held at 3.60% for this month.

The market interpreted the pause as data-dependent rather than a guaranteed end to tightening.

Broker takeaway: We advised clients to keep conservative assumptions until a stable trend was clear across inflation and policy commentary.

This article is general information only and does not constitute personal financial advice.