Cash rate

The Reserve Bank has left interest rates on hold at 4.35%, marking a year since it has changed the official cash rate target.

The Reserve Bank has left interest rates on hold at 4.35%, a move that had been largely expected as the Government faces calls to intervene.

The Reserve Bank of Australia (RBA) has kept the cash rate at 4.35% for the sixth consecutive time, in August 2024. The decision follows a two-day board meeting.

The Reserve Bank of Australia (RBA) has set the cash rate for June 2024 at 4.35%. For comparison, it was 0.10% at the start of 2022.

The Reserve Bank cash rate decision was unveiled by the board on Tuesday afternoon after a two-day meeting.

What is the cash rate? The Reserve Bank chose to leave the cash rate unchanged on Tuesday – the last meeting of 2023.

Prices were 5.4% higher in September than the previous year, according to the latest official inflation figures.

The Reserve Bank of Australia (RBA) has kept the cash rate unchanged at 4.1% for a fourth consecutive month.

RBA Governor Philip Lowe has announced a cut to interest rate meetings after a review into the bank’s culture and practices.

The RBA has left interest rates unchanged at 4.1% for the month of July, with RBA Governor Philip Lowe saying inflation has “passed its peak”.

Learn why Australian house prices have been falling since May, and what’s causing the recent slowdown. Will prices continue to decline? Find out here.

The Reserve Bank of Australia (RBA) increased the cash rate from 2.85% to 3.1% today.

What are interest rates, and how does it affect housing?