Central bank · AUD

Reserve Bank of Australia (RBA) meeting dates 2026–2027 and the cash rate

Short answer: the Reserve Bank of Australia's cash rate target is 4.85% (last change: +0.25, Nov 2026). The next decision is on 8 December 2026, at 03:30 UK time (14:30 Sydney time).

RBA meeting dates 2026–2027

Decision days as the Reserve Bank of Australia publishes them. Second day of each two-day Monetary Policy Board meeting. Dates up to 5 November 2026 are marked as held.

Decision daySydney timeUK timeNew York timeStatus
Tue, 3 Feb 202614:3003:3022:30 (Mon, 2 Feb 2026)Held
Tue, 17 Mar 202614:3003:3023:30 (Mon, 16 Mar 2026)Held
Tue, 5 May 202614:3005:3000:30Held
Tue, 16 Jun 202614:3005:3000:30Held
Tue, 11 Aug 202614:3005:3000:30Held
Tue, 29 Sept 202614:3005:3000:30Held
Tue, 3 Nov 202614:3003:3022:30 (Mon, 2 Nov 2026)Held
Tue, 8 Dec 202614:3003:3022:30 (Mon, 7 Dec 2026)Next
Tue, 9 Feb 202714:3003:3022:30 (Mon, 8 Feb 2027)Scheduled
Tue, 23 Mar 202714:3003:3023:30 (Mon, 22 Mar 2027)Scheduled
Tue, 4 May 202714:3005:3000:30Scheduled
Tue, 22 Jun 202714:3005:3000:30Scheduled
Tue, 10 Aug 202714:3005:3000:30Scheduled
Tue, 28 Sept 202714:3005:3000:30Scheduled
Tue, 2 Nov 202714:3003:3023:30 (Mon, 1 Nov 2027)Scheduled
Tue, 14 Dec 202714:3003:3022:30 (Mon, 13 Dec 2027)Scheduled

Times follow each zone's daylight saving rules, so the UK time can shift by an hour in the weeks when the UK and the other country change clocks on different dates. Confirm on the official calendar before relying on a date.

Current RBA interest rate

  • Cash rate target: 4.85%
  • Last change: +0.25, Nov 2026
  • Who decides: The RBA's Monetary Policy Board.
  • Target: Inflation of 2–3%. Source
  • How it explains decisions: A statement at the decision and the quarterly Statement on Monetary Policy.

Currency pairs the RBA moves

A rate decision moves AUD pairs through the gap between the two policy rates. This is the gap today for the 1 major pairs that include AUD; the full table covers all 10.

PairBase rateQuote rateGap (base − quote)
AUD/USDAUD 4.85%USD 3.75–4.00%+0.85 to +1.10 pp

The gap is arithmetic on official policy rates, not a broker's swap rate and not a forecast. Markets react to the decision against what was expected, and often more to the guidance about future meetings than to the decision itself.

See the RBA in MacroMatrixFX

MacroMatrixFX shows the RBA's decisions on its built-in economic calendar and reads the rates and policy family alongside inflation, growth, positioning and risk for each of its 10 pairs, with a confidence reading on every score. Its alerts for a currency's pairs pause around that currency's high-impact events. EUR/USD, GBP/USD and USD/JPY are free.

Explore MacroMatrixFX · What is a fundamental bias? · Release dates in UK time

Other central banks

Sources are cited so you can verify them. They are independent of Macro Research Technologies and have not reviewed or approved this content. Educational content only, not financial advice. Rates and dates can change at short notice. Contact us with corrections.