From creditorwatch.com.au: The RBA has maintained the cash rate at 4.1% during its April meeting, aligning with market expectations and adhering to guidance from its February Board Meeting.

CreditorWatch anticipates a potential interest rate cut at the May meeting to support economic growth, considering current challenges such as US tariff policies and slowing population growth.

While cost of living support measures from political parties may help, the RBA faces pressure to reassess its restrictive monetary policy amid moderating inflation and a weakening growth outlook.