Historical RBA cash rate decisions and past forecasts

A meeting-by-meeting record of RBA cash rate decisions and the calls made ahead of each one, used to score the tracked economists. The cash rate is 4.85%.

MeetingRBA outcomeCash rate after decision
2026-11-03a rise4.85%
2026-09-29a rise4.6%
2026-08-11a hold4.35%
2026-06-16a hold4.35%
2026-05-05a rise4.35%
2026-03-17a rise4.1%
2026-02-03a rise3.85%
2025-12-09a hold3.6%
2025-11-04a hold3.6%
2025-09-30a hold3.6%
2025-08-12a cut3.6%
2025-07-08a hold3.85%
2025-05-20a cut3.85%
2025-04-01a hold4.1%
2025-02-18a cut4.1%
2024-12-10a hold4.35%
2024-11-05a hold4.35%
2024-09-24a hold4.35%
2024-08-06a hold4.35%
2024-06-18a hold4.35%
2024-05-07a hold4.35%
2024-03-19a hold4.35%
2024-02-06a hold4.35%
2023-12-05a hold4.35%
2023-11-07a rise4.35%
2023-10-03a hold4.1%
2023-09-05a hold4.1%
2023-08-01a hold4.1%
2023-07-04a hold4.1%
2023-06-06a rise4.1%
2023-05-02a rise3.85%
2023-04-04a hold3.6%
2023-03-07a rise3.6%
2023-02-07a rise3.35%
2022-12-06a rise3.1%
2022-11-01a rise2.85%
2022-10-04a rise2.6%
2022-09-06a rise2.35%
2022-08-02a rise1.85%
2022-07-05a rise1.35%
2022-06-07a rise0.85%
2022-05-03a rise0.35%
2022-04-05a hold0.1%
2022-03-01a hold0.1%
2022-02-01a hold0.1%
2021-12-07a hold0.1%
2021-11-02a hold0.1%
2021-10-05a hold0.1%
2021-09-07a hold0.1%
2021-08-03a hold0.1%
2021-07-06a hold0.1%
2021-06-01a hold0.1%
2021-05-04a hold0.1%
2021-04-06a hold0.1%
2021-03-02a hold0.1%
2021-02-02a hold0.1%
2020-12-01a hold0.1%
2020-11-03a cut0.1%
2020-10-06a hold0.25%
2020-09-01a hold0.25%
2020-08-04a hold0.25%
2020-07-07a hold0.25%
2020-06-02a hold0.25%
2020-05-05a hold0.25%
2020-04-07a hold0.25%
2020-03-19a cut0.25%
2020-03-03a cut0.5%
2020-02-04a hold0.75%
2019-12-03a hold0.75%
2019-11-05a hold0.75%
2019-10-01a cut0.75%
2019-09-03a hold1%
2019-08-06a hold1%
2019-07-02a cut1%
2019-06-04a cut1.25%
2019-05-07a hold1.5%
2019-04-02a hold1.5%
2019-03-05a hold1.5%
2019-02-05a hold1.5%
2018-12-04a hold1.5%
2018-11-06a hold1.5%
2018-10-02a hold1.5%
2018-09-04a hold1.5%
2018-08-07a hold1.5%
2018-07-03a hold1.5%
2018-06-05a hold1.5%
2018-05-01a hold1.5%
2018-04-03a hold1.5%
2018-03-06a hold1.5%
2018-02-06a hold1.5%
2017-12-05a hold1.5%
2017-11-07a hold1.5%
2017-10-03a hold1.5%
2017-09-05a hold1.5%
2017-08-01a hold1.5%
2017-07-04a hold1.5%
2017-06-06a hold1.5%
2017-05-02a hold1.5%
2017-04-04a hold1.5%
2017-03-07a hold1.5%
2017-02-07a hold1.5%
2016-12-06a hold1.5%
2016-11-01a hold1.5%
2016-10-04a hold1.5%
2016-09-06a hold1.5%
2016-08-02a cut1.5%
2016-07-05a hold1.75%
2016-06-07a hold1.75%
2016-05-03a cut1.75%
2016-04-05a hold2%
2016-03-01a hold2%
2016-02-02a hold2%
2015-12-01a hold2%
2015-11-03a hold2%
2015-10-06a hold2%
2015-09-01a hold2%
2015-08-04a hold2%
2015-07-07a hold2%
2015-06-02a hold2%
2015-05-05a cut2%
2015-04-07a hold2.25%
2015-03-03a hold2.25%
2015-02-03a cut2.25%
2014-12-02a hold2.5%
2014-11-04a hold2.5%
2014-10-07a hold2.5%
2014-09-02a hold2.5%
2014-08-05a hold2.5%
2014-07-01a hold2.5%
2014-06-03a hold2.5%
2014-05-06a hold2.5%
2014-04-01a hold2.5%
2014-03-04a hold2.5%
2014-02-04a hold2.5%
2013-12-03a hold2.5%
2013-11-05a hold2.5%
2013-10-01a hold2.5%
2013-09-03a hold2.5%
2013-08-06a cut2.5%
2013-07-02a hold2.75%
2013-06-04a hold2.75%
2013-05-07a cut2.75%
2013-04-02a hold3%
2013-03-05a hold3%
2013-02-05a hold3%
2012-12-04a cut3%
2012-11-06a hold3.25%
2012-10-02a cut3.25%
2012-09-04a hold3.5%
2012-08-07a hold3.5%
2012-07-03a hold3.5%
2012-06-05a cut3.5%
2012-05-01a cut3.75%
2012-04-03a hold4.25%
2012-03-06a hold4.25%
2012-02-07a hold4.25%
2011-12-06a cut4.25%
2011-11-01a cut4.5%
2011-10-04a hold4.75%
2011-09-06a hold4.75%
2011-08-02a hold4.75%
2011-07-05a hold4.75%
2011-06-07a hold4.75%
2011-05-03a hold4.75%
2011-04-05a hold4.75%
2011-03-01a hold4.75%
2011-02-01a hold4.75%
2010-12-07a hold4.75%
2010-11-02a rise4.75%
2010-10-05a hold4.5%
2010-09-07a hold4.5%
2010-08-03a hold4.5%
2010-07-06a hold4.5%
2010-06-01a hold4.5%
2010-05-04a rise4.5%
2010-04-06a rise4.25%
2010-03-02a rise4%
2010-02-02a hold3.75%
2009-12-01a rise3.75%
2009-11-03a rise3.5%
2009-10-06a rise3.25%
2009-09-01a hold3%
2009-08-04a hold3%
2009-07-07a hold3%
2009-06-02a hold3%
2009-05-05a hold3%
2009-04-07a cut3%
2009-03-03a hold3.25%
2009-02-03a cut3.25%
2008-12-02a cut4.25%
2008-11-04a cut5.25%
2008-10-07a cut6%
2008-09-02a cut7%
2008-08-05a hold7.25%
2008-07-01a hold7.25%
2008-06-03a hold7.25%
2008-05-06a hold7.25%
2008-04-01a hold7.25%
2008-03-04a rise7.25%
2008-02-05a rise7%
2007-12-04a hold6.75%
2007-11-06a rise6.75%
2007-10-02a hold6.5%
2007-09-04a hold6.5%
2007-08-07a rise6.5%
2007-07-03a hold6.25%
2007-06-05a hold6.25%
2007-05-01a hold6.25%
2007-04-03a hold6.25%
2007-03-06a hold6.25%
2007-02-06a hold6.25%
2006-12-05a hold6.25%
2006-11-07a rise6.25%
2006-10-03a hold6%
2006-09-05a hold6%
2006-08-01a rise6%
2006-07-04a hold5.75%
2006-06-06a hold5.75%
2006-05-02a rise5.75%
2006-04-04a hold5.5%
2006-03-07a hold5.5%
2006-02-07a hold5.5%
2005-12-06a hold5.5%
2005-11-01a hold5.5%
2005-10-04a hold5.5%
2005-09-06a hold5.5%
2005-08-02a hold5.5%
2005-07-05a hold5.5%
2005-06-07a hold5.5%
2005-05-03a hold5.5%
2005-04-05a hold5.5%
2005-03-01a rise5.5%
2005-02-01a hold5.25%
2004-12-07a hold5.25%
2004-11-02a hold5.25%
2004-10-05a hold5.25%
2004-09-07a hold5.25%
2004-08-03a hold5.25%
2004-07-06a hold5.25%
2004-06-01a hold5.25%
2004-05-04a hold5.25%
2004-04-06a hold5.25%
2004-03-02a hold5.25%
2004-02-03a hold5.25%
2003-12-02a rise5.25%
2003-11-04a rise5%
2003-10-07a hold4.75%
2003-09-02a hold4.75%
2003-08-05a hold4.75%
2003-07-01a hold4.75%
2003-06-03a hold4.75%
2003-05-06a hold4.75%
2003-04-01a hold4.75%
2003-03-04a hold4.75%
2003-02-04a hold4.75%
2002-12-03a hold4.75%
2002-11-05a hold4.75%
2002-10-01a hold4.75%
2002-09-03a hold4.75%
2002-08-06a hold4.75%
2002-07-02a hold4.75%
2002-06-04a rise4.75%
2002-05-07a rise4.5%
2002-04-02a hold4.25%
2002-03-05a hold4.25%
2002-02-05a hold4.25%
2001-12-04a cut4.25%
2001-11-06a hold4.5%
2001-10-02a cut4.5%
2001-09-04a cut4.75%
2001-08-07a hold5%
2001-07-03a hold5%
2001-06-05a hold5%
2001-05-01a hold5%
2001-04-03a cut5%
2001-03-06a cut5.5%
2001-02-06a cut5.75%
2000-12-05a hold6.25%
2000-11-07a hold6.25%
2000-10-03a hold6.25%
2000-09-05a hold6.25%
2000-08-01a rise6.25%
2000-07-04a hold6%
2000-06-06a hold6%
2000-05-02a rise6%
2000-04-04a rise5.75%
2000-03-07a hold5.5%
2000-02-01a rise5.5%