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RBA policy statements

Browse policy releases and exact comparisons with each preceding decision.

Release count: 12
Jun 16, 2026
The RBA shifted from a rate increase to a hold, a dovish change tempered by hike guidance.Dovish

Monetary Policy DecisionCompared with previous release

May 05, 2026
The RBA became more hawkish with another rate rise and a stronger majority.Hawkish

Monetary Policy DecisionCompared with previous release

Mar 17, 2026
The RBA turned more hawkish with another rate rise and stronger inflation concern.Hawkish

Monetary Policy DecisionCompared with previous release

Feb 03, 2026
The RBA shifted hawkishly by raising the cash rate 25 basis points.Hawkish

Monetary Policy DecisionCompared with previous release

Dec 09, 2025
The later release shifts hawkish as inflation risks tilt upward.Hawkish

Monetary Policy DecisionCompared with previous release

Nov 04, 2025
The RBA's unchanged rate decision carried a more hawkish inflation signal.Hawkish

Monetary Policy DecisionCompared with previous release

Sep 30, 2025
The RBA turned more hawkish by pausing rate cuts at 3.60%.Hawkish

Monetary Policy DecisionCompared with previous release

Aug 12, 2025
The RBA shifted dovishly from a hold to a 25-basis-point rate cut.Dovish

Monetary Policy DecisionCompared with previous release

Jul 08, 2025
The RBA shifted hawkishly by holding rates and waiting for firmer inflation evidence.Hawkish

Monetary Policy DecisionCompared with previous release

May 20, 2025
The RBA shifted dovishly by cutting rates as inflation eased and growth risks weakened.Dovish

Monetary Policy DecisionCompared with previous release

Apr 01, 2025
The RBA shifted hawkishly by pausing after its February rate cut.Hawkish

Monetary Policy DecisionCompared with previous release

Feb 18, 2025
Media Release Statement by the Reserve Bank Board: Monetary Policy DecisionArchive baseline

Monetary Policy DecisionPolicy release