Economy · Australia · Rates and bonds

RBA cash rate target

Name: RBA cash rate target (Australia)
Creator: FinVolio

4.60% on 16 Oct 2026, unchanged since 30 Sept 2026.

Daily · % · 3.60% a year earlier · Updated 5 hrs ago

Range, past 10 years52-week and 10-year range The lowest and highest values over a period, with a marker for where the latest value sits between them. Learn more: 0.10% 4 Nov 20204.60% 30 Sept
Over 3 monthsYear on year, month on month, quarter on quarter How a figure compares with the same period a year earlier (y/y), or with the period just before (m/m, q/q). Year-on-year removes seasonal swings; shorter comparisons show turning points sooner. Learn more: +0.25 ptsfrom 4.35%
Over 12 monthsPercentage points and basis points The difference between two percentages. A rate rising from 4.00% to 4.25% is up 0.25 percentage points, or 25 basis points; it is not up 0.25%. Learn more: +1.00 ptsfrom 3.60%
Long-run averageLong-run average The average of every reading in the series' history. A rough guide to what is normal, though economies change and some series never return to their old average. Learn more: 2.45%since 2011
Against its historyPercentile against history Where the latest reading ranks among every reading since the series began. The 90th percentile means it is higher than 90% of past readings. Learn more: 94thpercentile: higher than 94% of readings since 2011

HistorySeasonally adjusted A figure with the regular calendar pattern removed (Christmas, school holidays, harvests), so one month can be compared fairly with the next. Learn more

%, daily

0.02.04.06.017 Oct 201621 Oct 202116 Oct 2026

Show the data

The latest 24 readings in this range.

Tue, 3 Nov, 2:30pm Sydney time · RBA cash rate decision

Estimates are made in the three weeks before a release.

Estimates are FinVolio's own, made from this series and related indicators. They are not a consensus forecast and not advice.

The Reserve Bank of Australia's target for the overnight rate banks charge each other, set by its Monetary Policy Board eight times a year.

It sets the floor under variable mortgage rates, term deposit rates and the return investors demand from shares and property.

How the RBA cash rate reaches your moneyOne number, set eight times a year in Sydney, flows through to your mortgage, your savings and the price of your shares. Here is how.
What moves the Australian dollarThe dollar is one of the most traded currencies in the world, and it answers to forces far from Australia. Four of them do most of the work.