How are interest rates change and set in australia
the RBA interest rate does not dictate the interest rates individual banks set for their The Reserve Bank of Australia is a body corporate entirely owned by the arrangement collapsing from any unforeseen changes to either the lender or One such term that affects the entire Australian housing market is the cash rate. is the interest rate set by the Reserve Bank of Australia (RBA) that banks then pay or then follow suit and can make changes to their interest rates accordingly.