Freya and Max will save $150 a month after the RBA’s interest rate cut. Like many Australians, they want more

Will Saw breathed a sigh of relief on Tuesday when the Reserve Bank of Australia cut the official cash rate for the first time in more than four years.

While the decrease of a quarter of a percentage point is welcome, the 29-year-old Melbourne office administrator would like it to fall further.

Saw is part of a cohort who bought a home during the period of elevated interest rates amid hopes they would soon ease.

Know More: https://www.theguardian.com/australia-news/2025/feb/19/rba-interest-rates-cut-impact-mortgage-holders