{"id":544944,"date":"2026-03-16T22:51:08","date_gmt":"2026-03-16T22:51:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/544944\/"},"modified":"2026-03-16T22:51:08","modified_gmt":"2026-03-16T22:51:08","slug":"rba-urged-to-maintain-cash-rate-at-3-85-today","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/544944\/","title":{"rendered":"RBA urged to maintain cash rate at 3.85% today"},"content":{"rendered":"<p>Canstar\u2019s analysis also points to speed in lender pass-through after the previous move, with most lenders passing on the full increase within two weeks.<\/p>\n<p>\u201cBorrowers across the country are bracing for further mortgage pain, with the governor confirming the discussion around another cash rate hike will be a live one,\u201d said Sally Tindall, data insights director at Canstar.com.au. \u201cInflation is sitting well beyond the RBA\u2019s target of 2.5%, with <a href=\"https:\/\/www.mpamag.com\/au\/news\/general\/regulator-watching-fuel-prices-amid-middle-east-tensions\/567704\" target=\"_blank\" rel=\"nofollow noopener\">rising petrol prices<\/a> likely to push it even higher, at least in the short term. The Board won\u2019t hesitate to ratchet up the cash rate if it thinks the economy and the jobs market can withstand the extra pressure.<\/p>\n<p>Tindall, however, pointed out that a\u00a0rate hike is \u201cnot yet a done deal\u201d, saying tha the central bank \u201ccould decide to wait for a clearer read on the overarching <a href=\"https:\/\/www.mpamag.com\/au\/news\/general\/rba-weighs-inflation-risk-from-middle-east-conflict\/567183\" target=\"_blank\" rel=\"nofollow noopener\">impact of the war in the Middle East<\/a> on the Australian economy before it makes a move.\u201d<\/p>\n<p>For White, this approach \u201cwould prioritise the financial and emotional wellbeing of Australians facing an uncertain immediate future.\u201d<\/p>\n<p>\u201cWe would urge the RBA to take a cautious approach and resist increasing the cash rate until the global situation becomes more stable,\u201d he said.<\/p>\n","protected":false},"excerpt":{"rendered":"Canstar\u2019s analysis also points to speed in lender pass-through after the previous move, with most lenders passing on&hellip;\n","protected":false},"author":2,"featured_media":544945,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[64,63,14821,44,7054],"class_list":["post-544944","post","type-post","status-publish","format-standard","has-post-thumbnail","category-australia","tag-au","tag-australia","tag-cash-rate","tag-news","tag-rba"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/544944","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=544944"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/544944\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/544945"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=544944"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=544944"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=544944"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}