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flag Australia's central bank is expected to cut interest rates by 0.25%, providing modest relief to homeowners.

flag The majority of experts predict a 25 basis point cut in Australia's cash rate from 4.35% to 4.1%, due to lower inflation and a softer job market. flag This cut would provide monthly relief of about $103 for homeowners with an average loan of $641,416. flag However, experts anticipate only a couple of rate cuts this year, with the Reserve Bank of Australia taking time to assess the impacts of each move.

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