RBA meeting

RBA Holds Cash Rate at 1.50% – July 2018 Decision

Official RBA cash rate result for the Tuesday 3 July 2018 Monetary Policy Board meeting.

Decision record live · verified 1 Oct 2026

Official result · 3 July 2018

No change

Previous

1.50%

New target

1.50%

Change

hold

Official RBA decisionVerified 2026-10-01Source

Published institution forecasts

July 2018 meeting views

No published/current verified forecast is available for this meeting.

Institution views are sourced records. They are not RBADay forecasts or guarantees of the RBA decision.

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Key data before the next meeting

What the RBA is watching

Inflation

4.0%

Annual CPI

2026-08

Released 30 Sept 2026ABSSource

Underlying inflation

3.6%

Trimmed mean

2026-08

Released 30 Sept 2026ABSSource

Unemployment

4.6%

Seasonally adjusted

2026-08

Released 24 Sept 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.

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%

years      months

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Estimated repayment (monthly)

+0.25 pts

Current (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).

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