View a succinct summary of the most recent monetary policy decisions from the Reserve Bank of Australia’s Board, including decisions on the cash rate, a comprehensive summary and analysis of the RBA’s justification, as well as market impacts.
- 10 Dec 2024 RBA Update December 2024
The Reserve Bank of Australia (RBA) Board kept interest rates unchanged at the December meeting, with the cash rate target remaining at 4.35% and the interest rate on Exchange Settlement balances staying at 4.25%.
- 05 Nov 2024 RBA Update November 2024
The RBA Board kept interest rates unchanged at the November meeting, with the cash rate target remaining at 4.35% and the interest rate on Exchange Settlement balances staying at 4.25%. The decision was in line with market expectations. The RBA today again implied that any cash rate cuts are unlikely in the coming months.
- 24 Sep 2024 RBA Update September 2024
As expected, the Reserve Bank of Australia (RBA) Board kept the cash rate target unchanged at 4.35% and the interest it pays on Exchange Settlement balances at 4.25%, at the end of its two-day meeting.
- 06 Aug 2024 RBA Update August 2024
The Reserve Bank of Australia (RBA) Board kept interest rates unchanged at the August meeting, with the cash rate target remaining at 4.35% and the interest rate on Exchange Settlement balances staying at 4.25%. The decision was in line with market expectations.
- 18 Jun 2024 RBA Update June 2024
The Reserve Bank of Australia (RBA) Board kept interest rates unchanged at the June meeting, with the cash rate target remaining at 4.35% and the interest rate on Exchange Settlement balances staying at 4.25%. The decision was in line with market expectations.
- 07 May 2024 RBA Update May 2024
The Reserve Bank of Australia (RBA) Board kept interest rates unchanged at the May meeting, with the cash rate target remaining at 4.35% and the interest rate on Exchange Settlement balances staying at 4.25%. The decision was in line with market expectations.