As inflation moves past its peak, the RBA is getting closer to the end of rate hikes. This could be good news for renters, because growth in rent values usually tracks roughly with movements in the cash rate. Not only is the cash rate expected to peak this year, but each of the major banks is now forecasting a reduction in the cash rate through 2024. Annual rent growth, while still high, has gradually been trending lower since a peak in December 2022. How are rents and interest rates related? Rents and interest rates move together over time, so a peak in the cash rate may indicate that growth in rent values is also ... (full story)