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Westpac predicts two interest rate cuts in 2026, potentially saving homeowners $350 monthly.
Westpac's chief economist, Luci Ellis, predicts two additional interest rate cuts by the Reserve Bank of Australia in 2026, potentially reducing the cash rate to 2.85% from the current 3.85%.
This could save average mortgage holders around $350 a month.
The cuts may occur earlier if inflation and labor market conditions weaken further.
The forecast is based on a slower economic recovery and lower inflation expectations.
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Westpac predice dos recortes de tasas de interés en 2026, potencialmente ahorrando a los propietarios de viviendas $350 mensuales.