News & Updates
Statement by the Monetary Policy Board: Monetary Policy Decision
At its meeting today, the Board decided to increase the cash rate target by 25 basis points to 4.10 per cent.
While inflation has fallen substantially since its peak in 2022, it picked up materially in the second half of 2025.
Media Release Statement by the Monetary Policy Board
At its meeting today, the Board decided to increase the cash rate target by 25 basis points to 3.85 per cent.
While inflation has fallen substantially since its peak in 2022, it picked up materially in the second half of 2025. The Board has been closely monitoring the economy and judges that some of the increase in inflation reflects greater capacity pressures.
Statement by the Monetary Policy Board: Monetary Policy Decision
At its meeting today, the Board decided to leave the cash rate unchanged at 3.60 per cent. Inflation has recently picked up. Inflation has fallen substantially since the peak in 2022, as higher interest rates have been working to bring aggregate demand ...
Statement by the Monetary Policy Board: Monetary Policy Decision
Statement by the Monetary Policy Board: Monetary Policy Decision -12 August 2025
At its meeting today, the Board decided to lower the cash rate target by 25 basis points to 3.60 per cent. Inflation has continued to moderate. Inflation has fallen substantially since the peak in 2022, as higher interest rates have been working to bring ...
Media Release ---Statement by the Monetary Policy Board: Monetary Policy Decision 8th July 2025
At its meeting today, the Board decided to leave the cash rate target unchanged at 3.85 per cent. Inflation has continued to moderate. Inflation has fallen substantially since the peak in 2022, as higher interest rates have been working to bring aggregate ...
Statement by the Monetary Policy Board: Monetary Policy Decision
At its meeting today, the Board decided to lower the cash rate target by 25 basis points to 3.85 per cent. Inflation continues to moderate. Inflation has fallen substantially since the peak in 2022, as higher interest rates have been working to bring ...
Statement by the Monetary Policy Board: Monetary Policy Decision
At its meeting today, the Board decided to leave the cash rate target unchanged at 4.10 per cent and the interest rate paid on Exchange Settlement balances at 4 per cent. Underlying inflation is moderating. Inflation has fallen substantially since the peak ...