RBADayRate clarity for Australia

RBA decisions · 2016

RBA interest rate decisions in 2016

In 2016, the RBA made 11 cash rate decisions: 2 cuts and 9 holds. The cash rate target moved from 2.00% to 1.50%, down 0.50 percentage points.

Cash rate target in 2016

RBA cash rate target during 2016, from 2.00% to 1.50%1.25%1.50%1.75%2.00%2.25%Feb 16Apr 16June 16Aug 16Oct 16Dec 16

Source: Reserve Bank of Australia, cash rate target.

Official record

Every 2016 decision

DateDecisionNew targetChangeDetails
2 Feb 2016hold2.00%No changeDecision page
1 Mar 2016hold2.00%No changeDecision page
5 Apr 2016hold2.00%No changeDecision page
3 May 2016cut1.75%−25 bpDecision page
7 June 2016hold1.75%No changeDecision page
5 July 2016hold1.75%No changeDecision page
2 Aug 2016cut1.50%−25 bpDecision page
6 Sept 2016hold1.50%No changeDecision page
4 Oct 2016hold1.50%No changeDecision page
1 Nov 2016hold1.50%No changeDecision page
6 Dec 2016hold1.50%No changeDecision page
2015 decisions 2017 decisions Full cash rate history Download all decisions (CSV)