Australian Economic Data & RBA Rate History

CASH RATE / THE LONG VIEW

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4.60%29 Oct 2026 · Current RBA targetCurrent RBA target

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Source: Reserve Bank of Australia

Published dates. Estimated rates.Orange dots use official RBA decision dates and rates estimated from ASX monthly pricing. Connecting lines do not imply daily changes between meetings.

RBA targetMeeting outlook · estimatesMeeting estimates

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Key points · X date / Y value

12-month net change+1.00percentage points · since 29 Oct 2025

Next meeting estimate≈4.80%3 Nov 2026 · estimate

Current target4.60%RBA · as of 29 Oct 2026

Solid: official RBA targets on effective dates. Orange dots: estimated post-meeting overnight rates on published decision dates, not official RBA or ASX forecasts. Only meetings supported by published dates and sufficient data are shown. ASX settlement 29 Oct 2026.

1990-08-02 to 2026-10-29. Historical low 0.1%, high 14%. The solid line steps on RBA effective dates.

Method: fit ASX monthly average overnight rates using calendar-day weights before and after each meeting. Changes take effect the following day and rates stay constant between meetings. Historical/current RBA targets approximate known overnight rates; no target/overnight spread or term-premium adjustment is made. Equal-weight monthly least squares; monthly fit error approximately 0.26 basis points. Estimates are not confirmed decisions.

Full history and supported meeting estimates; official targets and estimates are labelled separately.
Effective date / decision release	Rate	Measure and source
2 Aug 1990	14.00%	RBA target · effective date
15 Oct 1990	13.00%	RBA target · effective date
18 Dec 1990	12.00%	RBA target · effective date
4 Apr 1991	11.50%	RBA target · effective date
16 May 1991	10.50%	RBA target · effective date
3 Sep 1991	9.50%	RBA target · effective date
6 Nov 1991	8.50%	RBA target · effective date
8 Jan 1992	7.50%	RBA target · effective date
6 May 1992	6.50%	RBA target · effective date
8 Jul 1992	5.75%	RBA target · effective date
23 Mar 1993	5.25%	RBA target · effective date
30 Jul 1993	4.75%	RBA target · effective date
17 Aug 1994	5.50%	RBA target · effective date
24 Oct 1994	6.50%	RBA target · effective date
14 Dec 1994	7.50%	RBA target · effective date
31 Jul 1996	7.00%	RBA target · effective date
6 Nov 1996	6.50%	RBA target · effective date
11 Dec 1996	6.00%	RBA target · effective date
23 May 1997	5.50%	RBA target · effective date
30 Jul 1997	5.00%	RBA target · effective date
2 Dec 1998	4.75%	RBA target · effective date
3 Nov 1999	5.00%	RBA target · effective date
2 Feb 2000	5.50%	RBA target · effective date
5 Apr 2000	5.75%	RBA target · effective date
3 May 2000	6.00%	RBA target · effective date
2 Aug 2000	6.25%	RBA target · effective date
7 Feb 2001	5.75%	RBA target · effective date
7 Mar 2001	5.50%	RBA target · effective date
4 Apr 2001	5.00%	RBA target · effective date
5 Sep 2001	4.75%	RBA target · effective date
3 Oct 2001	4.50%	RBA target · effective date
5 Dec 2001	4.25%	RBA target · effective date
8 May 2002	4.50%	RBA target · effective date
5 Jun 2002	4.75%	RBA target · effective date
5 Nov 2003	5.00%	RBA target · effective date
3 Dec 2003	5.25%	RBA target · effective date
2 Mar 2005	5.50%	RBA target · effective date
3 May 2006	5.75%	RBA target · effective date
2 Aug 2006	6.00%	RBA target · effective date
8 Nov 2006	6.25%	RBA target · effective date
8 Aug 2007	6.50%	RBA target · effective date
7 Nov 2007	6.75%	RBA target · effective date
6 Feb 2008	7.00%	RBA target · effective date
5 Mar 2008	7.25%	RBA target · effective date
3 Sep 2008	7.00%	RBA target · effective date
8 Oct 2008	6.00%	RBA target · effective date
5 Nov 2008	5.25%	RBA target · effective date
3 Dec 2008	4.25%	RBA target · effective date
4 Feb 2009	3.25%	RBA target · effective date
8 Apr 2009	3.00%	RBA target · effective date
7 Oct 2009	3.25%	RBA target · effective date
4 Nov 2009	3.50%	RBA target · effective date
2 Dec 2009	3.75%	RBA target · effective date
3 Mar 2010	4.00%	RBA target · effective date
7 Apr 2010	4.25%	RBA target · effective date
5 May 2010	4.50%	RBA target · effective date
3 Nov 2010	4.75%	RBA target · effective date
2 Nov 2011	4.50%	RBA target · effective date
7 Dec 2011	4.25%	RBA target · effective date
2 May 2012	3.75%	RBA target · effective date
6 Jun 2012	3.50%	RBA target · effective date
3 Oct 2012	3.25%	RBA target · effective date
5 Dec 2012	3.00%	RBA target · effective date
8 May 2013	2.75%	RBA target · effective date
7 Aug 2013	2.50%	RBA target · effective date
4 Feb 2015	2.25%	RBA target · effective date
6 May 2015	2.00%	RBA target · effective date
4 May 2016	1.75%	RBA target · effective date
3 Aug 2016	1.50%	RBA target · effective date
5 Jun 2019	1.25%	RBA target · effective date
3 Jul 2019	1.00%	RBA target · effective date
2 Oct 2019	0.75%	RBA target · effective date
4 Mar 2020	0.50%	RBA target · effective date
20 Mar 2020	0.25%	RBA target · effective date
4 Nov 2020	0.10%	RBA target · effective date
4 May 2022	0.35%	RBA target · effective date
8 Jun 2022	0.85%	RBA target · effective date
6 Jul 2022	1.35%	RBA target · effective date
3 Aug 2022	1.85%	RBA target · effective date
7 Sep 2022	2.35%	RBA target · effective date
5 Oct 2022	2.60%	RBA target · effective date
2 Nov 2022	2.85%	RBA target · effective date
7 Dec 2022	3.10%	RBA target · effective date
8 Feb 2023	3.35%	RBA target · effective date
8 Mar 2023	3.60%	RBA target · effective date
3 May 2023	3.85%	RBA target · effective date
7 Jun 2023	4.10%	RBA target · effective date
8 Nov 2023	4.35%	RBA target · effective date
19 Feb 2025	4.10%	RBA target · effective date
21 May 2025	3.85%	RBA target · effective date
13 Aug 2025	3.60%	RBA target · effective date
4 Feb 2026	3.85%	RBA target · effective date
18 Mar 2026	4.10%	RBA target · effective date
6 May 2026	4.35%	RBA target · effective date
30 Sep 2026	4.60%	RBA target · effective date
29 Oct 2026	4.60%	Current RBA target
3 Nov 2026, 02:30 pm AEDT	≈4.80%	Post-meeting overnight rate · estimated from ASX data
8 Dec 2026, 02:30 pm AEDT	≈4.85%	Post-meeting overnight rate · estimated from ASX data
9 Feb 2027, 02:30 pm AEDT	≈4.93%	Post-meeting overnight rate · estimated from ASX data
23 Mar 2027, 02:30 pm AEDT	≈4.94%	Post-meeting overnight rate · estimated from ASX data
4 May 2027, 02:30 pm AEST	≈4.94%	Post-meeting overnight rate · estimated from ASX data
22 Jun 2027, 02:30 pm AEST	≈4.93%	Post-meeting overnight rate · estimated from ASX data
10 Aug 2027, 02:30 pm AEST	≈4.87%	Post-meeting overnight rate · estimated from ASX data
28 Sep 2027, 02:30 pm AEST	≈4.86%	Post-meeting overnight rate · estimated from ASX data
2 Nov 2027, 02:30 pm AEDT	≈4.81%	Post-meeting overnight rate · estimated from ASX data
14 Dec 2027, 02:30 pm AEDT	≈4.77%	Post-meeting overnight rate · estimated from ASX data

Original ASX monthly pricing, unchanged; distinct from the chart's post-meeting estimates.
Contract month	Monthly average rate
Oct 2026	4.595%
Nov 2026	4.780%
Dec 2026	4.830%
Jan 2027	4.850%
Feb 2027	4.900%
Mar 2027	4.935%
Apr 2027	4.940%
May 2027	4.940%
Jun 2027	4.935%
Jul 2027	4.925%
Aug 2027	4.895%
Sep 2027	4.870%
Oct 2027	4.860%
Nov 2027	4.815%
Dec 2027	4.790%
Jan 2028	4.780%
Feb 2028	4.740%
Mar 2028	4.735%

Official RBA meeting scheduleASX monthly-rate methodology

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