RBADayRate clarity for Australia

RBA decisions · 2025

RBA interest rate decisions in 2025

In 2025, the RBA made 8 cash rate decisions: 3 cuts and 5 holds. The cash rate target moved from 4.35% to 3.60%, down 0.75 percentage points.

Cash rate target in 2025

RBA cash rate target during 2025, from 4.35% to 3.60%3.25%3.50%3.75%4.00%4.25%4.50%Feb 25Apr 25June 25Aug 25Oct 25Dec 25

Source: Reserve Bank of Australia, cash rate target.

Official record

Every 2025 decision

DateDecisionNew targetChangeDetails
18 Feb 2025cut4.10%−25 bpDecision page
1 Apr 2025hold4.10%No changeDecision page
20 May 2025cut3.85%−25 bpDecision page
8 July 2025hold3.85%No changeDecision page
12 Aug 2025cut3.60%−25 bpDecision page
30 Sept 2025hold3.60%No changeDecision page
4 Nov 2025hold3.60%No changeDecision page
9 Dec 2025hold3.60%No changeDecision page
2024 decisions 2026 decisions Full cash rate history Download all decisions (CSV)