RBADayRate clarity for Australia

RBA decisions · 1994

RBA interest rate decisions in 1994

In 1994, the RBA made 12 cash rate decisions: 3 increases and 9 holds. The cash rate target moved from 4.75% to 7.50%, up 2.75 percentage points.

Cash rate target in 1994

RBA cash rate target during 1994, from 4.75% to 7.50%4.5%5.0%5.5%6.0%6.5%7.0%7.5%8.0%Feb 94Apr 94June 94Aug 94Oct 94Dec 94

Source: Reserve Bank of Australia, cash rate target.

Official record

Every 1994 decision

DateDecisionNew targetChangeDetails
1 Feb 1994hold4.75%No changeDecision page
1 Mar 1994hold4.75%No changeDecision page
29 Mar 1994hold4.75%No changeDecision page
3 May 1994hold4.75%No changeDecision page
7 June 1994hold4.75%No changeDecision page
5 July 1994hold4.75%No changeDecision page
26 July 1994hold4.75%No changeDecision page
16 Aug 1994hike5.50%+75 bpDecision page
6 Sept 1994hold5.50%No changeDecision page
23 Oct 1994hike6.50%+100 bpDecision page
1 Nov 1994hold6.50%No changeDecision page
13 Dec 1994hike7.50%+100 bpDecision page
1993 decisions 1995 decisions Full cash rate history Download all decisions (CSV)