16/06/2026
RBA delivers unanimous cash rate call.
The Reserve Bank of Australia (RBA) held the cash rate at 4.35% at its June 2026 Monetary Policy Board meeting, resisting pressure to move in either direction as it waits for further evidence that inflation is returning sustainably to its 2-3% target band.
The Board's decision to hold was unanimous, reflecting growing confidence that the cumulative effect of previous rate rises is working its way through the economy, though the Board cautioned that it remained attentive to upside risks.