RBADay History

History

RBA cash rate history

A compact record of official cash rate target decisions, with the exact change shown in percentage points and basis points.

Rate history live · verified 23 Sept 2026

Current cash rate target

4.35%

Effective 2026-08-12
Verified 2026-09-23

Official RBA dataCash Rate TargetSource

Cash rate target, 2025–2026

Step chart · %

Source: RBA
3.85%
8
3.60%
3.60%
30
3.60%
3.60%
9
3.85%
4.10%
17
4.35%
4.35%
16
4.35%

Each bar is a decision in date order. Focus or tap a bar to see its exact target; all values are also listed in the official record below.

Recent decisions

Official record

DateDecisionPreviousNew targetChangeSource
11 Aug 2026hold4.35%4.35%No changeMeeting page
16 June 2026hold4.35%4.35%No changeMeeting page
5 May 2026hike4.10%4.35%+0.25 percentage points(25bp)Meeting page
17 Mar 2026hike3.85%4.10%+0.25 percentage points(25bp)Meeting page
3 Feb 2026hike3.60%3.85%+0.25 percentage points(25bp)Meeting page
9 Dec 2025hold3.60%3.60%No changeMeeting page
4 Nov 2025hold3.60%3.60%No changeMeeting page
30 Sept 2025hold3.60%3.60%No changeMeeting page
12 Aug 2025cut3.85%3.60%-0.25 percentage points(-25bp)Meeting page
8 July 2025hold3.85%3.85%No changeMeeting page
20 May 2025cut4.10%3.85%-0.25 percentage points(-25bp)Meeting page
1 Apr 2025hold4.10%4.10%No changeMeeting page
18 Feb 2025cut4.35%4.10%-0.25 percentage points(-25bp)Meeting page
10 Dec 2024hold4.35%4.35%No changeMeeting page
5 Nov 2024hold4.35%4.35%No changeMeeting page
24 Sept 2024hold4.35%4.35%No changeMeeting page
6 Aug 2024hold4.35%4.35%No changeMeeting page
18 June 2024hold4.35%4.35%No changeMeeting page
7 May 2024hold4.35%4.35%No changeMeeting page
19 Mar 2024hold4.35%4.35%No changeMeeting page
6 Feb 2024hold4.35%4.35%No changeMeeting page
5 Dec 2023hold4.35%4.35%No changeMeeting page
7 Nov 2023hike4.10%4.35%+0.25 percentage points(25bp)Meeting page
3 Oct 2023hold4.10%4.10%No changeMeeting page
5 Sept 2023hold4.10%4.10%No changeMeeting page
1 Aug 2023hold4.10%4.10%No changeMeeting page
4 July 2023hold4.10%4.10%No changeMeeting page
6 June 2023hike3.85%4.10%+0.25 percentage points(25bp)Meeting page
2 May 2023hike3.60%3.85%+0.25 percentage points(25bp)Meeting page
4 Apr 2023hold3.60%3.60%No changeMeeting page
7 Mar 2023hike3.35%3.60%+0.25 percentage points(25bp)Meeting page
7 Feb 2023hike3.10%3.35%+0.25 percentage points(25bp)Meeting page
6 Dec 2022hike2.85%3.10%+0.25 percentage points(25bp)Meeting page
1 Nov 2022hike2.60%2.85%+0.25 percentage points(25bp)Meeting page
4 Oct 2022hike2.35%2.60%+0.25 percentage points(25bp)Meeting page
6 Sept 2022hike1.85%2.35%+0.50 percentage points(50bp)Meeting page
2 Aug 2022hike1.35%1.85%+0.50 percentage points(50bp)Meeting page
5 July 2022hike0.85%1.35%+0.50 percentage points(50bp)Meeting page
7 June 2022hike0.35%0.85%+0.50 percentage points(50bp)Meeting page
3 May 2022hike0.10%0.35%+0.25 percentage points(25bp)Meeting page
5 Apr 2022hold0.10%0.10%No changeMeeting page
1 Mar 2022hold0.10%0.10%No changeMeeting page
1 Feb 2022hold0.10%0.10%No changeMeeting page
7 Dec 2021hold0.10%0.10%No changeMeeting page
2 Nov 2021hold0.10%0.10%No changeMeeting page
5 Oct 2021hold0.10%0.10%No changeMeeting page
7 Sept 2021hold0.10%0.10%No changeMeeting page
3 Aug 2021hold0.10%0.10%No changeMeeting page
6 July 2021hold0.10%0.10%No changeMeeting page
1 June 2021hold0.10%0.10%No changeMeeting page
4 May 2021hold0.10%0.10%No changeMeeting page
6 Apr 2021hold0.10%0.10%No changeMeeting page
2 Mar 2021hold0.10%0.10%No changeMeeting page
2 Feb 2021hold0.10%0.10%No changeMeeting page
1 Dec 2020hold0.10%0.10%No changeMeeting page
3 Nov 2020cut0.25%0.10%-0.15 percentage points(-15bp)Meeting page
6 Oct 2020hold0.25%0.25%No changeMeeting page
1 Sept 2020hold0.25%0.25%No changeMeeting page
4 Aug 2020hold0.25%0.25%No changeMeeting page
7 July 2020hold0.25%0.25%No changeMeeting page
2 June 2020hold0.25%0.25%No changeMeeting page
5 May 2020hold0.25%0.25%No changeMeeting page
7 Apr 2020hold0.25%0.25%No changeMeeting page
19 Mar 2020cut0.50%0.25%-0.25 percentage points(-25bp)Meeting page
3 Mar 2020cut0.75%0.50%-0.25 percentage points(-25bp)Meeting page
4 Feb 2020hold0.75%0.75%No changeMeeting page
3 Dec 2019hold0.75%0.75%No changeMeeting page
5 Nov 2019hold0.75%0.75%No changeMeeting page
1 Oct 2019cut1.00%0.75%-0.25 percentage points(-25bp)Meeting page
3 Sept 2019hold1.00%1.00%No changeMeeting page
6 Aug 2019hold1.00%1.00%No changeMeeting page
2 July 2019cut1.25%1.00%-0.25 percentage points(-25bp)Meeting page
4 June 2019cut1.50%1.25%-0.25 percentage points(-25bp)Meeting page
7 May 2019hold1.50%1.50%No changeMeeting page
2 Apr 2019hold1.50%1.50%No changeMeeting page
5 Mar 2019hold1.50%1.50%No changeMeeting page
5 Feb 2019hold1.50%1.50%No changeMeeting page
4 Dec 2018hold1.50%1.50%No changeMeeting page
6 Nov 2018hold1.50%1.50%No changeMeeting page
2 Oct 2018hold1.50%1.50%No changeMeeting page
4 Sept 2018hold1.50%1.50%No changeMeeting page
7 Aug 2018hold1.50%1.50%No changeMeeting page
3 July 2018hold1.50%1.50%No changeMeeting page
5 June 2018hold1.50%1.50%No changeMeeting page
1 May 2018hold1.50%1.50%No changeMeeting page
3 Apr 2018hold1.50%1.50%No changeMeeting page
6 Mar 2018hold1.50%1.50%No changeMeeting page
6 Feb 2018hold1.50%1.50%No changeMeeting page
5 Dec 2017hold1.50%1.50%No changeMeeting page
7 Nov 2017hold1.50%1.50%No changeMeeting page
3 Oct 2017hold1.50%1.50%No changeMeeting page
5 Sept 2017hold1.50%1.50%No changeMeeting page
1 Aug 2017hold1.50%1.50%No changeMeeting page
4 July 2017hold1.50%1.50%No changeMeeting page
6 June 2017hold1.50%1.50%No changeMeeting page
2 May 2017hold1.50%1.50%No changeMeeting page
4 Apr 2017hold1.50%1.50%No changeMeeting page
7 Mar 2017hold1.50%1.50%No changeMeeting page
7 Feb 2017hold1.50%1.50%No changeMeeting page
6 Dec 2016hold1.50%1.50%No changeMeeting page
1 Nov 2016hold1.50%1.50%No changeMeeting page
4 Oct 2016hold1.50%1.50%No changeMeeting page
6 Sept 2016hold1.50%1.50%No changeMeeting page
2 Aug 2016cut1.75%1.50%-0.25 percentage points(-25bp)Meeting page
5 July 2016hold1.75%1.75%No changeMeeting page
7 June 2016hold1.75%1.75%No changeMeeting page
3 May 2016cut2.00%1.75%-0.25 percentage points(-25bp)Meeting page
5 Apr 2016hold2.00%2.00%No changeMeeting page
1 Mar 2016hold2.00%2.00%No changeMeeting page
2 Feb 2016hold2.00%2.00%No changeMeeting page
1 Dec 2015hold2.00%2.00%No changeMeeting page
3 Nov 2015hold2.00%2.00%No changeMeeting page
6 Oct 2015hold2.00%2.00%No changeMeeting page
1 Sept 2015hold2.00%2.00%No changeMeeting page
4 Aug 2015hold2.00%2.00%No changeMeeting page
7 July 2015hold2.00%2.00%No changeMeeting page
2 June 2015hold2.00%2.00%No changeMeeting page
5 May 2015cut2.25%2.00%-0.25 percentage points(-25bp)Meeting page
7 Apr 2015hold2.25%2.25%No changeMeeting page
3 Mar 2015hold2.25%2.25%No changeMeeting page
3 Feb 2015cut2.50%2.25%-0.25 percentage points(-25bp)Meeting page
2 Dec 2014hold2.50%2.50%No changeMeeting page
4 Nov 2014hold2.50%2.50%No changeMeeting page
7 Oct 2014hold2.50%2.50%No changeMeeting page
2 Sept 2014hold2.50%2.50%No changeMeeting page
5 Aug 2014hold2.50%2.50%No changeMeeting page
1 July 2014hold2.50%2.50%No changeMeeting page
3 June 2014hold2.50%2.50%No changeMeeting page
6 May 2014hold2.50%2.50%No changeMeeting page
1 Apr 2014hold2.50%2.50%No changeMeeting page
4 Mar 2014hold2.50%2.50%No changeMeeting page
4 Feb 2014hold2.50%2.50%No changeMeeting page
3 Dec 2013hold2.50%2.50%No changeMeeting page
5 Nov 2013hold2.50%2.50%No changeMeeting page
1 Oct 2013hold2.50%2.50%No changeMeeting page
3 Sept 2013hold2.50%2.50%No changeMeeting page
6 Aug 2013cut2.75%2.50%-0.25 percentage points(-25bp)Meeting page
2 July 2013hold2.75%2.75%No changeMeeting page
4 June 2013hold2.75%2.75%No changeMeeting page
7 May 2013cut3.00%2.75%-0.25 percentage points(-25bp)Meeting page
2 Apr 2013hold3.00%3.00%No changeMeeting page
5 Mar 2013hold3.00%3.00%No changeMeeting page
5 Feb 2013hold3.00%3.00%No changeMeeting page
4 Dec 2012cut3.25%3.00%-0.25 percentage points(-25bp)Meeting page
6 Nov 2012hold3.25%3.25%No changeMeeting page
2 Oct 2012cut3.50%3.25%-0.25 percentage points(-25bp)Meeting page
4 Sept 2012hold3.50%3.50%No changeMeeting page
7 Aug 2012hold3.50%3.50%No changeMeeting page
3 July 2012hold3.50%3.50%No changeMeeting page
5 June 2012cut3.75%3.50%-0.25 percentage points(-25bp)Meeting page
1 May 2012cut4.25%3.75%-0.50 percentage points(-50bp)Meeting page
3 Apr 2012hold4.25%4.25%No changeMeeting page
6 Mar 2012hold4.25%4.25%No changeMeeting page
7 Feb 2012hold4.25%4.25%No changeMeeting page
6 Dec 2011cut4.50%4.25%-0.25 percentage points(-25bp)Meeting page
1 Nov 2011cut4.75%4.50%-0.25 percentage points(-25bp)Meeting page
4 Oct 2011hold4.75%4.75%No changeMeeting page
6 Sept 2011hold4.75%4.75%No changeMeeting page
2 Aug 2011hold4.75%4.75%No changeMeeting page
5 July 2011hold4.75%4.75%No changeMeeting page
7 June 2011hold4.75%4.75%No changeMeeting page
3 May 2011hold4.75%4.75%No changeMeeting page
5 Apr 2011hold4.75%4.75%No changeMeeting page
1 Mar 2011hold4.75%4.75%No changeMeeting page
1 Feb 2011hold4.75%4.75%No changeMeeting page
7 Dec 2010hold4.75%4.75%No changeMeeting page
2 Nov 2010hike4.50%4.75%+0.25 percentage points(25bp)Meeting page
5 Oct 2010hold4.50%4.50%No changeMeeting page
7 Sept 2010hold4.50%4.50%No changeMeeting page
3 Aug 2010hold4.50%4.50%No changeMeeting page
6 July 2010hold4.50%4.50%No changeMeeting page
1 June 2010hold4.50%4.50%No changeMeeting page
4 May 2010hike4.25%4.50%+0.25 percentage points(25bp)Meeting page
6 Apr 2010hike4.00%4.25%+0.25 percentage points(25bp)Meeting page
2 Mar 2010hike3.75%4.00%+0.25 percentage points(25bp)Meeting page
2 Feb 2010hold3.75%3.75%No changeMeeting page
1 Dec 2009hike3.50%3.75%+0.25 percentage points(25bp)Meeting page
3 Nov 2009hike3.25%3.50%+0.25 percentage points(25bp)Meeting page
6 Oct 2009hike3.00%3.25%+0.25 percentage points(25bp)Meeting page
1 Sept 2009hold3.00%3.00%No changeMeeting page
4 Aug 2009hold3.00%3.00%No changeMeeting page
7 July 2009hold3.00%3.00%No changeMeeting page
2 June 2009hold3.00%3.00%No changeMeeting page
5 May 2009hold3.00%3.00%No changeMeeting page
7 Apr 2009cut3.25%3.00%-0.25 percentage points(-25bp)Meeting page
3 Mar 2009hold3.25%3.25%No changeMeeting page
3 Feb 2009cut4.25%3.25%-1.00 percentage points(-100bp)Meeting page
2 Dec 2008cut5.25%4.25%-1.00 percentage points(-100bp)Meeting page
4 Nov 2008cut6.00%5.25%-0.75 percentage points(-75bp)Meeting page
7 Oct 2008cut7.00%6.00%-1.00 percentage points(-100bp)Meeting page
2 Sept 2008cut7.25%7.00%-0.25 percentage points(-25bp)Meeting page
5 Aug 2008hold7.25%7.25%No changeMeeting page
1 July 2008hold7.25%7.25%No changeMeeting page
3 June 2008hold7.25%7.25%No changeMeeting page
6 May 2008hold7.25%7.25%No changeMeeting page
1 Apr 2008hold7.25%7.25%No changeMeeting page
4 Mar 2008hike7.00%7.25%+0.25 percentage points(25bp)Meeting page
5 Feb 2008hike6.75%7.00%+0.25 percentage points(25bp)Meeting page
4 Dec 2007hold6.75%6.75%No changeMeeting page
6 Nov 2007hike6.50%6.75%+0.25 percentage points(25bp)Meeting page
2 Oct 2007hold6.50%6.50%No changeMeeting page
4 Sept 2007hold6.50%6.50%No changeMeeting page
7 Aug 2007hike6.25%6.50%+0.25 percentage points(25bp)Meeting page
3 July 2007hold6.25%6.25%No changeMeeting page
5 June 2007hold6.25%6.25%No changeMeeting page
1 May 2007hold6.25%6.25%No changeMeeting page
3 Apr 2007hold6.25%6.25%No changeMeeting page
6 Mar 2007hold6.25%6.25%No changeMeeting page
6 Feb 2007hold6.25%6.25%No changeMeeting page
5 Dec 2006hold6.25%6.25%No changeMeeting page
7 Nov 2006hike6.00%6.25%+0.25 percentage points(25bp)Meeting page
3 Oct 2006hold6.00%6.00%No changeMeeting page
5 Sept 2006hold6.00%6.00%No changeMeeting page
1 Aug 2006hike5.75%6.00%+0.25 percentage points(25bp)Meeting page
4 July 2006hold5.75%5.75%No changeMeeting page
6 June 2006hold5.75%5.75%No changeMeeting page
2 May 2006hike5.50%5.75%+0.25 percentage points(25bp)Meeting page
4 Apr 2006hold5.50%5.50%No changeMeeting page
7 Mar 2006hold5.50%5.50%No changeMeeting page
7 Feb 2006hold5.50%5.50%No changeMeeting page
6 Dec 2005hold5.50%5.50%No changeMeeting page
1 Nov 2005hold5.50%5.50%No changeMeeting page
4 Oct 2005hold5.50%5.50%No changeMeeting page
6 Sept 2005hold5.50%5.50%No changeMeeting page
2 Aug 2005hold5.50%5.50%No changeMeeting page
5 July 2005hold5.50%5.50%No changeMeeting page
7 June 2005hold5.50%5.50%No changeMeeting page
3 May 2005hold5.50%5.50%No changeMeeting page
5 Apr 2005hold5.50%5.50%No changeMeeting page
1 Mar 2005hike5.25%5.50%+0.25 percentage points(25bp)Meeting page
1 Feb 2005hold5.25%5.25%No changeMeeting page
7 Dec 2004hold5.25%5.25%No changeMeeting page
2 Nov 2004hold5.25%5.25%No changeMeeting page
5 Oct 2004hold5.25%5.25%No changeMeeting page
7 Sept 2004hold5.25%5.25%No changeMeeting page
3 Aug 2004hold5.25%5.25%No changeMeeting page
6 July 2004hold5.25%5.25%No changeMeeting page
1 June 2004hold5.25%5.25%No changeMeeting page
4 May 2004hold5.25%5.25%No changeMeeting page
6 Apr 2004hold5.25%5.25%No changeMeeting page
2 Mar 2004hold5.25%5.25%No changeMeeting page
3 Feb 2004hold5.25%5.25%No changeMeeting page
2 Dec 2003hike5.00%5.25%+0.25 percentage points(25bp)Meeting page
4 Nov 2003hike4.75%5.00%+0.25 percentage points(25bp)Meeting page
7 Oct 2003hold4.75%4.75%No changeMeeting page
2 Sept 2003hold4.75%4.75%No changeMeeting page
5 Aug 2003hold4.75%4.75%No changeMeeting page
1 July 2003hold4.75%4.75%No changeMeeting page
3 June 2003hold4.75%4.75%No changeMeeting page
6 May 2003hold4.75%4.75%No changeMeeting page
1 Apr 2003hold4.75%4.75%No changeMeeting page
4 Mar 2003hold4.75%4.75%No changeMeeting page
4 Feb 2003hold4.75%4.75%No changeMeeting page
3 Dec 2002hold4.75%4.75%No changeMeeting page
5 Nov 2002hold4.75%4.75%No changeMeeting page
1 Oct 2002hold4.75%4.75%No changeMeeting page
3 Sept 2002hold4.75%4.75%No changeMeeting page
6 Aug 2002hold4.75%4.75%No changeMeeting page
2 July 2002hold4.75%4.75%No changeMeeting page
4 June 2002hike4.50%4.75%+0.25 percentage points(25bp)Meeting page
7 May 2002hike4.25%4.50%+0.25 percentage points(25bp)Meeting page
2 Apr 2002hold4.25%4.25%No changeMeeting page
5 Mar 2002hold4.25%4.25%No changeMeeting page
5 Feb 2002hold4.25%4.25%No changeMeeting page
4 Dec 2001cut4.50%4.25%-0.25 percentage points(-25bp)Meeting page
6 Nov 2001hold4.50%4.50%No changeMeeting page
2 Oct 2001cut4.75%4.50%-0.25 percentage points(-25bp)Meeting page
4 Sept 2001cut5.00%4.75%-0.25 percentage points(-25bp)Meeting page
7 Aug 2001hold5.00%5.00%No changeMeeting page
3 July 2001hold5.00%5.00%No changeMeeting page
5 June 2001hold5.00%5.00%No changeMeeting page
1 May 2001hold5.00%5.00%No changeMeeting page
3 Apr 2001cut5.50%5.00%-0.50 percentage points(-50bp)Meeting page
6 Mar 2001cut5.75%5.50%-0.25 percentage points(-25bp)Meeting page
6 Feb 2001cut6.25%5.75%-0.50 percentage points(-50bp)Meeting page
5 Dec 2000hold6.25%6.25%No changeMeeting page
7 Nov 2000hold6.25%6.25%No changeMeeting page
3 Oct 2000hold6.25%6.25%No changeMeeting page
5 Sept 2000hold6.25%6.25%No changeMeeting page
1 Aug 2000hike6.00%6.25%+0.25 percentage points(25bp)Meeting page
4 July 2000hold6.00%6.00%No changeMeeting page
6 June 2000hold6.00%6.00%No changeMeeting page
2 May 2000hike5.75%6.00%+0.25 percentage points(25bp)Meeting page
4 Apr 2000hike5.50%5.75%+0.25 percentage points(25bp)Meeting page
7 Mar 2000hold5.50%5.50%No changeMeeting page
1 Feb 2000hike5.00%5.50%+0.50 percentage points(50bp)Meeting page
7 Dec 1999hold5.00%5.00%No changeMeeting page
2 Nov 1999hike4.75%5.00%+0.25 percentage points(25bp)Meeting page
5 Oct 1999hold4.75%4.75%No changeMeeting page
7 Sept 1999hold4.75%4.75%No changeMeeting page
3 Aug 1999hold4.75%4.75%No changeMeeting page
6 July 1999hold4.75%4.75%No changeMeeting page
1 June 1999hold4.75%4.75%No changeMeeting page
4 May 1999hold4.75%4.75%No changeMeeting page
6 Apr 1999hold4.75%4.75%No changeMeeting page
2 Mar 1999hold4.75%4.75%No changeMeeting page
2 Feb 1999hold4.75%4.75%No changeMeeting page
1 Dec 1998cut5.00%4.75%-0.25 percentage points(-25bp)Meeting page
3 Nov 1998hold5.00%5.00%No changeMeeting page
6 Oct 1998hold5.00%5.00%No changeMeeting page
1 Sept 1998hold5.00%5.00%No changeMeeting page
4 Aug 1998hold5.00%5.00%No changeMeeting page
7 July 1998hold5.00%5.00%No changeMeeting page
2 June 1998hold5.00%5.00%No changeMeeting page
5 May 1998hold5.00%5.00%No changeMeeting page
7 Apr 1998hold5.00%5.00%No changeMeeting page
3 Mar 1998hold5.00%5.00%No changeMeeting page
3 Feb 1998hold5.00%5.00%No changeMeeting page
2 Dec 1997hold5.00%5.00%No changeMeeting page
4 Nov 1997hold5.00%5.00%No changeMeeting page
7 Oct 1997hold5.00%5.00%No changeMeeting page
2 Sept 1997hold5.00%5.00%No changeMeeting page
5 Aug 1997hold5.00%5.00%No changeMeeting page
29 July 1997cut5.50%5.00%-0.50 percentage points(-50bp)Meeting page
1 July 1997hold5.50%5.50%No changeMeeting page
3 June 1997hold5.50%5.50%No changeMeeting page
22 May 1997cut6.00%5.50%-0.50 percentage points(-50bp)Meeting page
6 May 1997hold6.00%6.00%No changeMeeting page
1 Apr 1997hold6.00%6.00%No changeMeeting page
4 Mar 1997hold6.00%6.00%No changeMeeting page
4 Feb 1997hold6.00%6.00%No changeMeeting page
10 Dec 1996cut6.50%6.00%-0.50 percentage points(-50bp)Meeting page
5 Nov 1996cut7.00%6.50%-0.50 percentage points(-50bp)Meeting page
1 Oct 1996hold7.00%7.00%No changeMeeting page
3 Sept 1996hold7.00%7.00%No changeMeeting page
30 July 1996cut7.50%7.00%-0.50 percentage points(-50bp)Meeting page
2 July 1996hold7.50%7.50%No changeMeeting page
4 June 1996hold7.50%7.50%No changeMeeting page
7 May 1996hold7.50%7.50%No changeMeeting page
2 Apr 1996hold7.50%7.50%No changeMeeting page
5 Mar 1996hold7.50%7.50%No changeMeeting page
6 Feb 1996hold7.50%7.50%No changeMeeting page
5 Dec 1995hold7.50%7.50%No changeMeeting page
7 Nov 1995hold7.50%7.50%No changeMeeting page
3 Oct 1995hold7.50%7.50%No changeMeeting page
5 Sept 1995hold7.50%7.50%No changeMeeting page
25 July 1995hold7.50%7.50%No changeMeeting page
4 July 1995hold7.50%7.50%No changeMeeting page
6 June 1995hold7.50%7.50%No changeMeeting page
2 May 1995hold7.50%7.50%No changeMeeting page
4 Apr 1995hold7.50%7.50%No changeMeeting page
7 Mar 1995hold7.50%7.50%No changeMeeting page
7 Feb 1995hold7.50%7.50%No changeMeeting page
13 Dec 1994hike6.50%7.50%+1.00 percentage points(100bp)Meeting page
1 Nov 1994hold6.50%6.50%No changeMeeting page
23 Oct 1994hike5.50%6.50%+1.00 percentage points(100bp)Meeting page
6 Sept 1994hold5.50%5.50%No changeMeeting page
16 Aug 1994hike4.75%5.50%+0.75 percentage points(75bp)Meeting page
26 July 1994hold4.75%4.75%No changeMeeting page
5 July 1994hold4.75%4.75%No changeMeeting page
7 June 1994hold4.75%4.75%No changeMeeting page
3 May 1994hold4.75%4.75%No changeMeeting page
29 Mar 1994hold4.75%4.75%No changeMeeting page
1 Mar 1994hold4.75%4.75%No changeMeeting page
1 Feb 1994hold4.75%4.75%No changeMeeting page
7 Dec 1993hold4.75%4.75%No changeMeeting page
2 Nov 1993hold4.75%4.75%No changeMeeting page
5 Oct 1993hold4.75%4.75%No changeMeeting page
7 Sept 1993hold4.75%4.75%No changeMeeting page
29 July 1993cut5.25%4.75%-0.50 percentage points(-50bp)Meeting page
6 July 1993hold5.25%5.25%No changeMeeting page
1 June 1993hold5.25%5.25%No changeMeeting page
4 May 1993hold5.25%5.25%No changeMeeting page
6 Apr 1993hold5.25%5.25%No changeMeeting page
22 Mar 1993cut5.75%5.25%-0.50 percentage points(-50bp)Meeting page
2 Feb 1993hold5.75%5.75%No changeMeeting page
1 Dec 1992hold5.75%5.75%No changeMeeting page
3 Nov 1992hold5.75%5.75%No changeMeeting page
6 Oct 1992hold5.75%5.75%No changeMeeting page
1 Sept 1992hold5.75%5.75%No changeMeeting page
28 July 1992hold5.75%5.75%No changeMeeting page
7 July 1992cut6.50%5.75%-0.75 percentage points(-75bp)Meeting page
2 June 1992hold6.50%6.50%No changeMeeting page
5 May 1992cut7.50%6.50%-1.00 percentage points(-100bp)Meeting page
7 Apr 1992hold7.50%7.50%No changeMeeting page
3 Mar 1992hold7.50%7.50%No changeMeeting page
4 Feb 1992hold7.50%7.50%No changeMeeting page
7 Jan 1992cut8.50%7.50%-1.00 percentage points(-100bp)Meeting page
3 Dec 1991hold8.50%8.50%No changeMeeting page
5 Nov 1991cut9.50%8.50%-1.00 percentage points(-100bp)Meeting page
1 Oct 1991hold9.50%9.50%No changeMeeting page
2 Sept 1991cut10.50%9.50%-1.00 percentage points(-100bp)Meeting page
30 July 1991hold10.50%10.50%No changeMeeting page
2 July 1991hold10.50%10.50%No changeMeeting page
13 June 1991hold10.50%10.50%No changeMeeting page
15 May 1991cut11.50%10.50%-1.00 percentage points(-100bp)Meeting page
3 Apr 1991cut12.00%11.50%-0.50 percentage points(-50bp)Meeting page
5 Mar 1991hold12.00%12.00%No changeMeeting page
5 Feb 1991hold12.00%12.00%No changeMeeting page
17 Dec 1990cut13.00%12.00%-1.00 percentage points(-100bp)Meeting page
6 Nov 1990hold13.00%13.00%No changeMeeting page
14 Oct 1990cut14.00%13.00%-1.00 percentage points(-100bp)Meeting page
4 Sept 1990hold14.00%14.00%No changeMeeting page
1 Aug 1990cut15.00%14.00%-1.00 percentage points(-100bp)Meeting page
3 July 1990hold15.00%15.00%No changeMeeting page
5 June 1990hold15.00%15.00%No changeMeeting page
1 May 1990hold15.00%15.00%No changeMeeting page
3 Apr 1990cut16.00%15.00%-1.00 percentage points(-100bp)Meeting page
6 Mar 1990hold16.50%16.50%No changeMeeting page
14 Feb 1990cut17.00%16.50%-0.50 percentage points(-50bp)Meeting page
22 Jan 1990cut17.50%17.00%-0.50 percentage points(-50bp)Meeting page

Rates shown are the RBA cash rate target. A 25bp change is 0.25 percentage points — not 25 per cent.