Interest rates on hold as the economy continues to slow
VIDEO – AUGUST 2026
In this month’s economic update, Stephen Koukoulas, Zagga’s Economist-in-Residence, discusses the Reserve Bank’s decision to leave interest rates on hold, softer economic conditions, and easing inflation pressures. He also examines housing market trends, including falling house prices, construction challenges, migration dynamics and the outlook for first home buyers. Stephen concludes with his views on the direction of interest rates and the key economic themes shaping 2027.






