RBA Delivers Fourth Rate Rise: What It Means for Property

The Reserve Bank of Australia (RBA) has announced its fourth interest rate rise this year, increasing the cash rate by 25 basis points to 4.60 per cent.

This move is expected to put additional pressure on borrowing capacity as buyers face another reduction in what they can borrow.

Experts warn that limited housing supply and tight rental markets may reduce the risk of a major downturn, but caution that higher financing costs will flow through to demand.