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The outlook on finance for homeowners in 2024 appears significant in anticipation for the RBA to initiate a reduction in the official cash rate. According to the consensus among the major four banks, it is expected that interest rates will likely remain steady throughout most of 2024. However we should not expect a rate cut until at least somewhere between August and December. Economists anticipate that the next rate cut is not likely to occur until between August and December, 2024. As the RBA convenes in February 2024, it is likely that they will maintain current interest rates. Throughout the first half of the year, interest rates are expected to