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Reserve Bank Leaves Rates Unchanged

The Reserve Bank of Australia today made no change to the cash rate, leaving it at 4.35%.

The 4.35% rate has been in force since November 2023.

The bank’s decision is its first in a restructured process. As part of the new processes, the Governor of the Reserve Bank, Michele Bullock, held a press conference an hour after the bank’s decision was announced.

Watch Michele Bullock’s press conference (45m)


The RBA’s statement is shown below, as is its latest Statement on Monetary Policy.

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Malcolm Farnsworth
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