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AAP
AAP
Business
Jacob Shteyman

'Cautious' RBA on hold as election, tariffs threaten

Reserve Bank Interest Rates Jim Chalmers Inflation
Homeowners are going to have to wait longer for mortgage relief after the RBA kept rates on hold. (Dean Lewins/AAP PHOTOS)

The Reserve Bank has kept interest rates on hold in a consensus decision dominated by a big, orange elephant in the boardroom.

US President Donald Trump's tariffs cloud the outlook for future rate cuts, following the RBA's widely-anticipated decision to hold the cash rate at 4.1 per cent on Tuesday.

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