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.
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).
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.