What the latest cash rate news means for you
The RBA has raised the cash rate to 4.35%, marking the third increase this year as inflation pressures continue across fuel, housing and everyday living costs. With repayments rising and further increases still possible, now is a good time for borrowers to review their loan structure and overall finance strategy. We explore the growing trend of buying property with family, friends or business partners, including the key lending, ownership and legal considerations to think about before purchasing together.