Inflation
3.5%
Annual CPI
2026-07
Released 26 Aug 2026ABSSource
RBADay RBA decision page
RBA decision page
RBA hikes at 5.00%
Official result for the Monetary Policy Board meeting announced on 2 Nov 1999.
Decision record live · verified 23 Sept 2026
Official result · 2 Nov 1999
+0.25 percentage points
Previous
4.75%
New target
5.00%
Change
hike
Market expectation
What are markets pricing?
ASX market-implied probabilities
Hold
12%
+0.25 pts
88%
This is market pricing, not a guarantee of what the RBA will decide.
This is a market-derived indicator based on 30 Day Interbank Cash Rate Futures.
Key data before the next meeting
What the RBA is watching
for every observation
Underlying inflation
3.6%
Trimmed mean
2026-07
Released 26 Aug 2026ABSSource
Unemployment
4.5%
Seasonally adjusted
2026-07
Released 20 Aug 2026ABSSource
Wages
3.2%
Annual WPI growth
2026-Q2
Released 19 Aug 2026ABSSource
The RBA considers inflation, employment, wages, economic activity and financial conditions when setting monetary policy. None of these measures determines a decision on its own.
Mortgage calculator
What would a rate move mean for your repayments?
%
years months
Repayment frequency
Rate scenario
Your inputs stay in this browser. They are not sent to RBADay or stored.
Estimated repayment (monthly)
+0.25 ptsCurrent (monthly)
$4,228
After scenario (monthly)
$4,328
Approximate change per month
+$100 / month
+$1,204 per year, approximately
General Information & Estimates Only. The selected scenario is applied to your entered rate while the balance and remaining term stay unchanged. Assumes a principal-and-interest loan and that your lender passes through the rate change in full. Weekly and fortnightly figures are annualized equivalents ((monthly × 12) ÷ 52 or 26); actual lender repayments may differ depending on compounding and rounding methods. Does not factor in comparison rates, package discounts, or ongoing bank fees. Not financial product advice (ASIC RG 244).