Next release
Released 8 times per yearAug 11, 2026 04:30 UTC
in 51 days
Latest result
The most recent RBA Interest Rate Decision (Jun 16, 2026) printed 4.35% versus 4.35% expected (previous 4.35%) — in line with forecast.
What it measures
This is the Reserve Bank of Australia's decision on interest rates. The Australian dollar is closely tied to China, Australia's biggest customer for the iron ore and other commodities it exports, and it tends to rise and fall with global risk appetite. The decision comes with guidance that usually moves the currency more than the rate itself.
Higher rates reward holding the Australian dollar, so a rise or a hint of more tends to lift it and a cut weakens it. Two forces specific to Australia shape this. First, Australian households carry heavy mortgage debt that reprices fairly quickly, so the Bank is wary of hiking too hard, which caps how far the currency can ride higher rates. Second, the Australian dollar trades as a bet on China and on global growth, so news about Chinese demand or a swing in market mood can move it as much as the Bank does. That leaves the Bank in a bind: hike hard and it strains households, stay soft and the currency loses ground to higher rates elsewhere.
What a higher or lower RBA Interest Rate Decision means for the AUD
A stronger-than-expected reading points to a more resilient economy or higher-for-longer rates, which tends to draw capital into the AUD.
Higher than forecast
An actual above the 4.6% forecast is typically bullish for the AUD.
Lower than forecast
An actual below the 4.6% forecast is typically bearish for the AUD.
Release history
Every release of RBA Interest Rate Decision: actual vs forecast and the beat/miss outcome. Click a date for the full read of that release.
| Release | Actual | Forecast | Previous | Outcome |
|---|---|---|---|---|
| Jun 16, 2026 | 4.35% | 4.35% | 4.35% | inline |
| May 5, 2026 | 4.35% | 4.35% | 4.10% | inline |
| Mar 17, 2026 | 4.10% | 4.1% | 3.85% | inline |
| Feb 3, 2026 | 3.85% | 3.85% | 3.60% | inline |
| Nov 4, 2025 | 3.6% | 3.6% | 3.6% | inline |
| Sep 30, 2025 | 3.6% | 3.6% | 3.6% | inline |
| Aug 12, 2025 | 3.6% | 3.60% | 3.85% | inline |
| Jul 8, 2025 | 3.85% | 3.60% | 3.85% | above |
| May 20, 2025 | 3.85% | 3.85% | 4.1% | inline |
| Apr 1, 2025 | 4.1% | 4.1% | 4.1% | inline |
| Feb 18, 2025 | 4.1% | 4.1% | 4.35% | inline |
| Dec 10, 2024 | 4.35% | 4.35% | 4.35% | inline |
| Nov 5, 2024 | 4.35% | 4.35% | 4.35% | inline |
| Sep 24, 2024 | 4.35% | 4.35% | 4.35% | inline |
| Aug 6, 2024 | 4.35% | 4.35% | 4.35% | inline |
| Jun 18, 2024 | 4.35% | 4.35% | 4.35% | inline |
| May 7, 2024 | 4.35% | 4.35% | 4.35% | inline |
| Mar 19, 2024 | 4.35% | 4.35% | 4.35% | inline |
| Feb 6, 2024 | 4.35% | 4.35% | 4.35% | inline |
| Dec 5, 2023 | 4.35% | 4.35% | 4.35% | inline |
| Nov 7, 2023 | 4.35% | 4.35% | 4.1% | inline |
| Oct 3, 2023 | 4.1% | 4.1% | 4.1% | inline |
| Sep 5, 2023 | 4.1% | 4.1% | 4.1% | inline |
| Aug 1, 2023 | 4.1% | 4.35% | 4.1% | below |
| Jul 4, 2023 | 4.1% | 4.35% | 4.1% | below |
| Jun 6, 2023 | 4.1% | 3.85% | 3.85% | above |
| May 2, 2023 | 3.85% | 3.6% | 3.6% | above |
| Apr 4, 2023 | 3.6% | 3.6% | 3.6% | inline |
| Mar 7, 2023 | 3.6% | 3.6% | 3.35% | inline |
| Feb 7, 2023 | 3.35% | 3.35% | 3.1% | inline |
| Dec 6, 2022 | 3.1% | 3.1% | 2.85% | inline |
| Nov 1, 2022 | 2.85% | 3.1% | 2.6% | below |
| Oct 4, 2022 | 2.6% | 2.85% | 2.35% | below |
| Sep 6, 2022 | 2.35% | 2.35% | 1.85% | inline |
| Aug 2, 2022 | 1.85% | 1.85% | 1.35% | inline |
| Jul 5, 2022 | 1.35% | 1.35% | 0.85% | inline |
Frequently asked questions
- What is RBA Interest Rate Decision?
- This is the Reserve Bank of Australia's decision on interest rates. The Australian dollar is closely tied to China, Australia's biggest customer for the iron ore and other commodities it exports, and it tends to rise and fall with global risk appetite. The decision comes with guidance that usually moves the currency more than the rate itself.
- What was the latest RBA Interest Rate Decision reading?
- The most recent release (Jun 16, 2026) came in at 4.35%, versus a forecast of 4.35% and a previous 4.35% — in line with expectations.
- When is the next RBA Interest Rate Decision?
- The next RBA Interest Rate Decision is scheduled for Aug 11, 2026. It is released 8 times per year.
- What happens to the AUD if RBA Interest Rate Decision is higher than expected?
- An actual reading above the consensus forecast is typically bullish for the AUD, while a reading below forecast is bearish for the AUD. A stronger-than-expected reading points to a more resilient economy or higher-for-longer rates, which tends to draw capital into the AUD.
- How does RBA Interest Rate Decision affect the AUD?
- Higher rates reward holding the Australian dollar, so a rise or a hint of more tends to lift it and a cut weakens it. Two forces specific to Australia shape this. First, Australian households carry heavy mortgage debt that reprices fairly quickly, so the Bank is wary of hiking too hard, which caps how far the currency can ride higher rates. Second, the Australian dollar trades as a bet on China and on global growth, so news about Chinese demand or a swing in market mood can move it as much as the Bank does. That leaves the Bank in a bind: hike hard and it strains households, stay soft and the currency loses ground to higher rates elsewhere.