Australia · AUD
Reserve Bank of Australia: next decision, current cash rate, consensus
As of 28 October 2026.
The next Reserve Bank of Australia cash rate decision is confirmed for Tue 03 Nov 2026 at 03:30 UTC (03 Nov 14:30 (UTC+11:00)).
The cash rate is currently 4.6%, after a +25 bp move on 29 Sep 2026.
FXMacroData forecast is 4.65%.
Reserve Bank of Australia rate facts
Every value is the latest published reading FXMacroData holds. A decision date appears only after the bank publishes it, and times are shown in UTC with the market-local time where the schedule supplies one.
| Current cash rate | 4.6% Latest published reading, 29 Sep 2026 |
|---|---|
| Last change | +25 bp on 29 Sep 2026 |
| Next decision (UTC) | Confirmed · local 03 Nov 14:30 (UTC+11:00) |
| Consensus | 4.65% FXMacroData forecast · FXMacroData Blended |
| Meeting frequency | ~8x/year Published cadence for this series. FXMacroData never infers a decision date from a cadence rule. |
| Official source | RBA |
The full cash rate history, decision by decision, is on the Australia policy rate page. Upcoming dates come from the published release calendar, which currently reaches 04 Nov 2026 17:14 UTC.
How Reserve Bank of Australia sets policy
The Reserve Bank of Australia (RBA) Board sets the cash rate at meetings held approximately every six weeks. The RBA targets 2–3% CPI inflation on average over time and publishes a quarterly Statement on Monetary Policy with growth and inflation forecasts.
Common questions
When is the next Reserve Bank of Australia rate decision?
The next Reserve Bank of Australia cash rate decision is confirmed for Tue 03 Nov 2026 at 03:30 UTC, which is 03 Nov 14:30 (UTC+11:00) in the market's own time zone.
What is the current Reserve Bank of Australia cash rate?
The Reserve Bank of Australia cash rate is 4.6%, from the reading published on 29 Sep 2026. The last change was +25 bp on 29 Sep 2026.
How often does the Reserve Bank of Australia meet?
The cash rate series is published ~8x/year. FXMacroData publishes a decision date only after the bank confirms it, so a cadence never stands in for a date.
How do I get Reserve Bank of Australia decisions from the API?
Call GET /v1/announcements/aud/policy_rate for the rate series with its release timestamps, and GET /v1/calendar/aud?indicator=policy_rate for the upcoming decision date. USD is open without a key; other currencies need a subscription key.