Australia Interest Rate Prediction 2024. Any official interest rate change has a quicker and bigger impact than in any other developed nation. Amp chief economist shane oliver predicted there will be three rate cuts in 2024, starting in june, but he said rates would not go down as fast or as far as they had risen in recent.
This would cost you an extra $97 a month or $1,164 a year. ⬆️ if the cash rate rises by 25 basis points your interest rate would increase to 6.25%.