Cash Rate Target

Australian Cash Rate Target

The Cash Rate is the rate financial institutions charge other financial institutions for overnight loans in the Australian banking system. This is a fundamental trend-setting rate and changes to this rate are reflected in other interest rates.

Date Value Previous Change
Aug 5, 2015 2.00 2.00 -- 
Jul 8, 2015 2.00 2.00 -- 
Jun 3, 2015 2.00 2.00 -- 
May 6, 2015 2.00 2.25 -25.00 bps
Apr 8, 2015 2.25 2.25 -- 
Mar 4, 2015 2.25 2.25 -- 
Feb 4, 2015 2.25 2.50 -25.00 bps
Dec 3, 2014 2.50 2.50 -- 
Nov 5, 2014 2.50 2.50 -- 
Oct 8, 2014 2.50 2.50 --