RBA cash rate
Every Reserve Bank decision since the first single-rate target in August 1990, the next meeting, and every release on the road to it.
Road to 8 December
Every release on Numbra's calendar between the last decision and the next one.
- Wed 11 Nov 2026, 11:30 AEDTLending indicators, September quarter 2026$81.2 billionfrom $96.1 billion
- Tue 17 Nov 2026, 11:30 AEDTMinutes of the 3 November 2026 meetinglink-outrba.gov.au
- Wed 18 Nov 2026, 11:30 AEDTWage Price Indexdue · last 3.2%
- Thu 19 Nov 2026, 11:30 AEDTLabour Forcedue · last 4.7%
- Wed 25 Nov 2026, 11:30 AEDTConsumer Price Indexdue · last 4.3%
- Tue 1 Dec 2026, 11:30 AEDTBuilding approvalsdue · last 18,318
- Tue 1 Dec 2026, 11:30 AEDTTotal Value of Dwellingsdue · last $1,487,600
- Tue 8 Dec 2026, 14:30 AEDTRBA decisionmarket pricing: ASX Rate Tracker ↗
Cash rate target since 1990
- α
- Source: Reserve Bank of Australia 2026, cash rate table, retrieved 11 November 2026. Archived copy 7aead9d568f97e96ed863d2409187207ab9fb9cc1ed4acc6a32814588a7dee81.html.txt, SHA-256 7aead9d568f97e96…8a7dee81. RBA Copyright Notice, section 4.
Decisions
The Monetary Policy Board took over from the Reserve Bank Board on 1 March 2025 and made its first decision on 1 April 2025. Its statements give an unattributed vote count from July 2025.
| Decision | Change | Target | Vote | Statement |
|---|---|---|---|---|
| 3 November 20263 Nov 2026 | raised 0.25 | 4.85%α | six–three majorityβ | redline c53ea87f |
| 29 September 202629 Sep 2026 | raised 0.25 | 4.60%α | unanimousβ | redline 963658a2 |
| 11 August 202611 Aug 2026 | held | 4.35%α | unanimousβ | redline bd13d930 |
| 16 June 202616 Jun 2026 | held | 4.35%α | unanimousβ | redline 5f05fefc |
| 5 May 20265 May 2026 | raised 0.25 | 4.35%α | eight–one majorityβ | redline bcbd76a8 |
| 17 March 202617 Mar 2026 | raised 0.25 | 4.10%α | five–four majorityβ | redline d79d013b |
| 3 February 20263 Feb 2026 | raised 0.25 | 3.85%α | unanimousβ | redline 1594d9b1 |
| 9 December 20259 Dec 2025 | held | 3.60%α | unanimousβ | archived 07072a4f |
| 4 November 20254 Nov 2025 | held | 3.60%α | unanimousβ | archived 8150ef8c |
| 30 September 202530 Sep 2025 | held | 3.60%α | unanimousβ | archived 5f0745e1 |
| 12 August 202512 Aug 2025 | cut 0.25 | 3.60%α | unanimousβ | archived e58e31f3 |
| 8 July 20258 Jul 2025 | held | 3.85%α | six–three majorityβ | archived 3b3a51de |
| 20 May 202520 May 2025 | cut 0.25 | 3.85%α | not publishedβ | archived f7d26dfa |
| 1 April 20251 Apr 2025 | held | 4.10%α | not publishedβ | archived 0662780b |
| 18 February 202518 Feb 2025 | cut 0.25 | 4.10%α | not publishedβ | last Reserve Bank Board decision |
403 decisions since 2 Aug 1990 (14.00%), holds included. Before December 2007 the RBA issued a statement only when it changed the rate, so earlier holds have no statement · Show all decisions
- α
- Source: Reserve Bank of Australia 2026, cash rate table, retrieved 11 November 2026. Archived copy 7aead9d568f97e96ed863d2409187207ab9fb9cc1ed4acc6a32814588a7dee81.html.txt, SHA-256 7aead9d568f97e96…8a7dee81. RBA Copyright Notice, section 4.
β Source: Reserve Bank of Australia, Board statements, each archived when it landed; the hash beside each statement is the first 8 characters of its archived copy's SHA-256 (full hash on the decision page and in the JSON). CC BY 4.0.
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