RBADayRate clarity for Australia

RBA decisions · 2022

RBA interest rate decisions in 2022

In 2022, the RBA made 11 cash rate decisions: 8 increases and 3 holds. The cash rate target moved from 0.10% to 3.10%, up 3.00 percentage points.

Cash rate target in 2022

RBA cash rate target during 2022, from 0.10% to 3.10%0.0%0.5%1.0%1.5%2.0%2.5%3.0%3.5%Feb 22Apr 22June 22Aug 22Oct 22Dec 22

Source: Reserve Bank of Australia, cash rate target.

Official record

Every 2022 decision

DateDecisionNew targetChangeDetails
1 Feb 2022hold0.10%No changeDecision page
1 Mar 2022hold0.10%No changeDecision page
5 Apr 2022hold0.10%No changeDecision page
3 May 2022hike0.35%+25 bpDecision page
7 June 2022hike0.85%+50 bpDecision page
5 July 2022hike1.35%+50 bpDecision page
2 Aug 2022hike1.85%+50 bpDecision page
6 Sept 2022hike2.35%+50 bpDecision page
4 Oct 2022hike2.60%+25 bpDecision page
1 Nov 2022hike2.85%+25 bpDecision page
6 Dec 2022hike3.10%+25 bpDecision page
2021 decisions 2023 decisions Full cash rate history Download all decisions (CSV)