March 2025 saw volatility in the Australian and US share markets, with early declines followed by partial recoveries. The Australian Federal Budget had minimal market impact so far, while the property market showed signs of recovery, driven by improving sentiment and expectations of rate cuts. Regional markets outperformed capital cities, and rental growth remained above pre-pandemic levels. Inflation slowed, RBA Governor Bullock said future rate cuts were uncertain, with banks predicting further cuts in 2025, possibly bringing the cash rate to 3.35%.
