RBA decisions · 2003
RBA interest rate decisions in 2003
In 2003, the RBA made 11 cash rate decisions: 2 increases and 9 holds. The cash rate target moved from 4.75% to 5.25%, up 0.50 percentage points.
Cash rate target in 2003
Source: Reserve Bank of Australia, cash rate target.
Official record
Every 2003 decision
| Date | Decision | New target | Change | Details |
|---|---|---|---|---|
| 4 Feb 2003 | hold | 4.75% | No change | Decision page |
| 4 Mar 2003 | hold | 4.75% | No change | Decision page |
| 1 Apr 2003 | hold | 4.75% | No change | Decision page |
| 6 May 2003 | hold | 4.75% | No change | Decision page |
| 3 June 2003 | hold | 4.75% | No change | Decision page |
| 1 July 2003 | hold | 4.75% | No change | Decision page |
| 5 Aug 2003 | hold | 4.75% | No change | Decision page |
| 2 Sept 2003 | hold | 4.75% | No change | Decision page |
| 7 Oct 2003 | hold | 4.75% | No change | Decision page |
| 4 Nov 2003 | hike | 5.00% | +25 bp | Decision page |
| 2 Dec 2003 | hike | 5.25% | +25 bp | Decision page |