Reserve Bank of Australia policy-rate history
Australia's Cash rate target. The page separates the rate's effective date, source coverage, successful retrieval time and official decision evidence.
Updated Cash rate target effective 6 May 2026
Cash rate target
4.35%
Comparison series; direct source unavailable
Previous observation
4.10%
Effective 18 Mar 2026
Last verified change
+0.25 pp (+25 bp)
hike effective 6 May 2026
Next meeting
29 Sept 2026
Scheduled monetary policy decision
Latest data: Sep 17, 2026 · This update may be older than usual.
Rate effective 6 May 2026 (Source observation date). Currency: AUD.
Source observations run through 17 Sept 2026. This coverage date may precede the effective date or retrieval time.
Previous 12 months
Complete twelve-month coverage is available. Counts include verified transitions in the available period.
Verified changes
3
3 hikes · 0 cuts · 0 source-confirmed holds
Net rate change
+0.75 pp (+75 bp)
Year-over-year difference +0.75 pp (+75 bp)
Highest observed rate
4.35%
6 May 2026
Lowest observed rate
3.60%
13 Aug 2025
Days since last change
145
Based on a verified rate transition
Meeting time zone: Australia/Sydney. Calendar last verified 25 Sept 2026, 13:49 UTC. Reserve Bank of Australia Monetary Policy Board schedule
Meeting-calendar updates are temporarily paused. The date shown may not include a recent official revision.
Policy-rate history
Historical observations use the published instrument and source dates shown below. Coverage begins 2 Aug 1990.
Policy changes
Decision labels identify whether the source stated the outcome or the rate history implies a transition.
Data basis: Official cash rate target. Comparison series: BIS central-bank policy rate series where direct historical coverage is unavailable..