RBA survey: most Australians get interest rates backwards
More than half of Australians surveyed by the RBA think higher interest rates push inflation up, not down, and it changes how monetary policy actually
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Interest rate news and analysis for Australia — cash rate moves, mortgage pricing and what changing rates mean for borrowers, savers and business owners.
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More than half of Australians surveyed by the RBA think higher interest rates push inflation up, not down, and it changes how monetary policy actually
Headline inflation fell to 3.8% on 29 July, yet services and non-tradables inflation both rose and the trimmed mean did not move. Our ten-driver framework crossed its hike boundary by 0.03 — with the four strongest objections to that reading set out in full.
Australia’s next interest rate decision is 2:30pm, 11 August 2026. An independent, source-linked framework reads the public data as HOLD at 4.35% — with a live hike risk.