16/06/2026
RBA announces first cash rate decision since budget
Following three consecutive rate hikes, the Reserve Bank of Australia has announced its first cash rate decision since the release of the federal budget.
The decision to hold the official cash rate at 4.35 per cent marks the first rate hold of 2026, following three consecutive increases by the Reserve Bank of Australia (RBA) in its effort to curb persistent inflationary pressures.
The RBA unanimously voted to leave the cash rate unchanged, saying that it would assess the impact of its three rate hikes this year rather than tighten policy further.
