When is the next RBA interest rate decision?

The Reserve Bank of Australia's (RBA) next interest rate decision is scheduled for Tuesday, August 12, 2025, at 04:30 UTC.

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The Reserve Bank of Australia (RBA) reviews interest rates eight times a year, following a revised schedule introduced in 2024. These meetings typically span two days and occur every six weeks (rather than monthly as they did previously).

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How can the next RBA Interest Rate Decision affect your business?

See the impact

What is the official cash rate?

The official cash rate is the overnight rate at which banks lend to each other—it influences mortgage, loan, and savings rates across Australia.

At its most recent monetary policy meeting on July 7–8, 2025, the Reserve Bank of Australia (RBA) decided to hold the current rate at 3.85%, which has been in place since May 20, 2025.

How can the next RBA Interest Rate Decision affect your business?

An interest rate cut typically weakens AUD, which could have significant implications for businesses with an international footprint:

Currency exposure on payments: If your business has payables or receivables in AUD, the resulting currency swings could significantly impact your bottom line.

Overseas profit repatriation: Currency swings caused by rate cuts can impact the value of your business’ profits being repatriated — potentially reducing profit margins.

Competitiveness in global markets: If you export to the Australian, a weaker AUD could affect competitiveness and make you more expensive to local customers. Similarly, Australian exporters may become cheaper and undercut your pricing abroad.

Protect your bottom line with hedging

Rate decisions may be beyond your control — but how you manage currency volatility isn’t.

By implementing a hedging strategy, your business can mitigate FX risk.

Now Future

Get a forward contract

Holding interest rates steady doesn’t mean FX markets stand still. Market expectations, economic data, and geopolitical factors can all drive volatility in AUD:

Budgeting uncertainty: No rate change can often prolong uncertainty in the currency markets, making it difficult to forecast cross-border costs and revenues.

Market-driven FX fluctuations: Sometimes, held rates can trigger just as much movement as a hike or cut (especially if markets were expecting a shift). Surprise decisions or cautious RBA statements can weaken or strengthen AUD unexpectedly.

Increased sensitivity to external events: Markets may become more reactive to inflation reports, political developments, etc – all of which can cause FX volatility.

Protect your bottom line with hedging

Rate decisions may be beyond your control — but how you manage currency volatility isn’t.

By implementing a hedging strategy, your business can mitigate FX risk.

Now Future

Get a forward contract

An interest rate hike typically strengthens AUD, which could have significant implications for businesses with global operations:

Currency exposure on payments: If your business has payables or receivables in AUD, the resulting currency swings could significantly impact your bottom line.

FX costs in global supply chains: A stronger AUD can increase import costs or reduce export competitiveness of overseas markets (depending on which side of the currency movement you're on).

Cash flow planning: Volatile currency movements can disrupt forecasts, making it harder to manage cash flow, budget accurately, or set pricing in international markets.

Protect your bottom line with hedging

Rate decisions may be beyond your control — but how you manage currency volatility isn’t.

By implementing a hedging strategy, your business can mitigate FX risk.

Now Future

Get a forward contract

See more events affecting the market

Glance through our economic calendar to see all the macro events which might be affecting the markets.

See all events

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25-Jul

Retail Sales m/m (GBP)

Core Durable Goods Orders m/m (EUR)

Durable Goods Orders m/m (EUR)

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This publication is intended for general information purposes only and should not be construed as financial, legal, tax, or other professional advice from Equals Money PLC or its subsidiaries and affiliates.

It is recommended to seek advice from a financial advisor, expert, or other professional. We do not make any representations, warranties, or guarantees, whether expressed or implied, regarding the accuracy, or completeness of the content in the publication.

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