Australian mortgage holders are expected to avoid another interest rate rise on Tuesday, but any meaningful relief remains out of reach for now. WATCH THE VIDEO ABOVE: Interest rate relief expected but may be briefKnow the news with the 7NEWS app: Download today ArrowThe anticipated hold follows a surprise easing in inflation, which fell from 4 per cent to 3.8 per cent. Finance Minister Katie Gallagher told Sunrise on Tuesday the government has been working to ease the cost-of-living burden on Australian families. “We’ve been dealing with an inflation pressure in our economy for some time now, and this has been reflected and seen around the world,” Gallagher said. Finance Minister Katie Gallagher said the government has been working to ease the cost-of-living burden on Australian families.