The cash rate target graph and table below display interactive information. You can show data according to the sample periods and the direction of change in the cash rate target by selecting from the display. 5 days agothe reserve bank of australia is widely expected to increase the cash rate by 25 basis points to 3.85 per cent when it meets next week, following a surprise uptick in underlying inflation..
2 days agothe reserve bank of australia (rba) is under pressure to hike interest rates this week after inflation jumped higher than expected. 5 days agothe reserve bank cut interest rates three times last year, betting inflation would moderate. But that hasn't happened, and now a rate hike looks likely next month — and possibly another in may.
6 days agodecember quarter inflation had the casting vote and voted ‘yes, hike’. Rba to raise cash rate at february meeting to 3.85%. Further rate hikes possible but ‘one-and-done’ as a base case.
May 20, 2025“at its meeting today, the board decided to lower the cash rate target by 25 basis points to 3.85 per cent,” an rba statement reads. The rba decision today was based on moderating. 3 days agoa strong majority of economists now expect the rba to lift the cash rate by 25bp to 3.85% on february 3.
5 days agothe interest rate we control is the cash rate, which is the rate that banks charge each other to borrow overnight. Now this interest rate influences other interest rates in the economy, such as. Nov 5, 2025the current rba cash rate in australia is 3.60%.
Next rba decision on 9 dec 2025. Stay updated with the latest reserve bank of australia rates. The rba cash rate is the official interest rate target set by the reserve bank of australia for overnight loans between banks.
It serves as the primary tool for the rba to implement monetary policy and.