The Reserve Bank of Australia (RBA) reduced the official interest rate by 25 basis points to 3.85% following today’s monetary policy meeting.

Many economists, including from the Big Four banks, have predicted a number of cash rate cuts this year. This includes this Tuesday. What does this mean for you?

The Reserve Bank of Australia (RBA) left the cash rate unchanged at 4.10% at its second monetary policy meeting of the year.

Cash Rate Held at 4.35%.

For another meeting, the Reserve Bank of Australia (RBA) held the cash rate steady at 4.35%. The last time the RBA changed the cash rate was an increase in November 2023.

The Reserve Bank of Australia (RBA) left the cash rate unchanged at 4.35% following its June monetary policy meeting.

This marks the fifth consecutive meeting at which the cash rate has been held since the last increase in November 2023.

The Reserve Bank of Australia (RBA) has held the country’s official interest rate at 4.35% following its May monetary policy meeting.

The cash rate will remain at 4.35% following the Reserve Bank of Australia’s (RBA) March monetary policy meeting.