Announcement of the RBA decision on the discount rate
Date Actual Forecast Prev
19-03-24 04:30 4.35% 4.35% 4.35%
06-02-24 03:30 4.35% 4.35% 4.35%
05-12-23 03:30 4.35% 4.35% 4.35%
07-11-23 03:30 4.35% 4.35% 4.1%
03-10-23 03:30 4.1% 4.1% 4.1%
05-09-23 04:30 4.1% 4.1% 4.1%
01-08-23 04:30 4.1% 4.35% 4.1%
04-07-23 04:30 4.1% 4.35% 4.1%
06-06-23 04:30 4.1% 3.85% 3.85%
02-05-23 04:30 3.85% 3.6% 3.6%
04-04-23 04:30 3.6% 3.6% 3.6%
07-03-23 03:30 3.6% 3.6% 3.35%
07-02-23 03:30 3.35% 3.35% 3.1%
06-12-22 03:30 3.1% 3.1% 2.85%
01-11-22 03:30 2.85% 2.85% 2.6%
04-10-22 03:30 2.6% 2.85% 2.35%
06-09-22 04:30 2.35% 2.35% 1.85%
02-08-22 04:30 1.85% 1.85% 1.35%
05-07-22 04:30 1.35% 1.35% 0.85%
07-06-22 04:30 0.85% 0.6% 0.35%
03-05-22 04:30 0.35% 0.25% 0.1%
05-04-22 04:30 0.1% 0.1% 0.1%
01-03-22 03:30 0.1% 0.1% 0.1%
01-02-22 03:30 0.1% 0.1% 0.1%
07-12-21 03:30 0.1% 0.1% 0.1%
02-11-21 03:30 0.1% 0.1% 0.1%
05-10-21 03:30 0.1% 0.1% 0.1%
07-09-21 04:30 0.1% 0.1% 0.1%
03-08-21 04:30 0.1% 0.1% 0.1%
06-07-21 04:30 0.1% 0.1% 0.1%
01-06-21 04:30 0.1% 0.1% 0.1%
04-05-21 04:30 0.1% 0.1% 0.1%
06-04-21 04:30 0.1% 0.1% 0.1%
02-03-21 03:30 0.1% 0.1% 0.1%
02-02-21 03:30 0.1% 0.1% 0.1%
01-12-20 03:30 0.1% 0.10% 0.1%
03-11-20 03:30 0.1% 0.10% 0.25%
06-10-20 03:30 0.25% 0.25% 0.25%
01-09-20 04:30 0.25% 0.25% 0.25%
04-08-20 04:30 0.25% 0.25% 0.25%
07-07-20 04:30 0.25% 0.25% 0.25%
02-06-20 04:30 0.25% 0.25% 0.25%
05-05-20 04:30 0.25% 0.25% 0.25%
07-04-20 04:30 0.25% 0.25%
03-03-20 03:30 0.5% 0.75% 0.75%
04-02-20 03:30 0.75% 0.75% 0.75%
03-12-19 03:30 0.75% 0.75% 0.75%
05-11-19 03:30 0.75% 0.75% 0.75%
01-10-19 04:30 0.75% 0.75% 1%
03-09-19 04:30 1% 1% 1%
06-08-19 04:30 1% 1% 1%
02-07-19 04:30 1.0% 1% 1.25%
04-06-19 04:30 1.25% 1.25% 1.5%
07-05-19 04:30 1.5% 1.5% 1.5%
02-04-19 03:30 1.5% 1.5% 1.5%
05-03-19 03:30 1.5% 1.5% 1.5%
05-02-19 03:30 1.5% 1.5% 1.5%
04-12-18 03:30 1.5% 1.5% 1.5%
06-11-18 03:30 1.5% 1.5% 1.5%
02-10-18 04:30 1.5% 1.5% 1.5%
04-09-18 04:30 1.5% 1.5% 1.5%
07-08-18 04:30 1.5% 1.5% 1.5%
03-07-18 04:30 1.5% 1.5% 1.5%
05-06-18 04:30 1.5% 1.5% 1.5%
01-05-18 04:30 1.5% 1.5% 1.5%
03-04-18 04:30 1.5% 1.5% 1.5%
06-03-18 03:30 1.5% 1.5% 1.5%
06-02-18 03:30 1.5% 1.5% 1.5% (1.50%)
05-12-17 03:30 1.50% 1.50% 1.5%
07-11-17 03:30 1.5% 1.50% 1.5%
03-10-17 03:30 1.5% 1.50% 1.5%
05-09-17 04:30 1.5% 1.5% 1.5%
01-08-17 04:30 1.5% 1.5% 1.5%
04-07-17 04:30 1.5% 1.5% 1.5%
06-06-17 04:30 1.5% 1.5% 1.5%
02-05-17 04:30 1.5% 1.5% 1.5%
04-04-17 04:30 1.5% 1.5% 1.5%
07-03-17 03:30 1.5% 1.5% 1.5%
07-02-17 03:30 1.5% 1.5% 1.5%
06-12-16 03:30 1.5% 1.5% 1.5%
01-11-16 03:30 1.5% 1.5% 1.5%
04-10-16 03:30 1.5% 1.5% 1.5%
06-09-16 04:30 1.5% 1.5% 1.5%
02-08-16 04:30 1.5% 1.5% 1.75%
05-07-16 04:30 1.75% 1.75% 1.75%
07-06-16 04:30 1.75% 1.75% 1.75%
03-05-16 04:30 1.75% 2% 2%
05-04-16 04:30 2% 2% 2%
01-03-16 03:30 2% 2% 2%
02-02-16 03:30 2% 2% 2%
01-12-15 03:30 2% 2% 2%
03-11-15 03:30 2.0% 2% 2.0%
06-10-15 03:30 2.0% 2% 2.0%
01-09-15 04:30 2.0% 2% 2.0%
04-08-15 04:30 2.0% 2% 2.0%
07-07-15 04:30 2.0% 2% 2.0%
02-06-15 04:30 2.0% 2.0% 2.0%
05-05-15 04:30 2.0% 2% 2.25%
07-04-15 04:30 2.25% 2.25% 2.25%
03-03-15 03:30 2.25% 2.00% 2.25%
03-02-15 03:30 2.25% 2.50% 2.50%
02-12-14 03:30 2.50% 2.50% 2.50%
04-11-14 03:30 2.50% 2.50% 2.50%
07-10-14 03:30 2.50% 2.50% 2.50%
02-09-14 04:30 2.50% 2.50% 2.50%
05-08-14 04:30 2.50% 2.50% 2.50%
01-07-14 04:30 2.50% 2.50% 2.50%
03-06-14 04:30 2.50% 2.50% 2.50%
06-05-14 04:30 2.50% 2.50% 2.50%
01-04-14 03:30 2.50% 2.50% 2.50%
04-03-14 03:30 2.50% 2.50% 2.50%
04-02-14 03:30 2.50% 2.50% 2.50%
03-12-13 03:30 2.50% 2.50% 2.50%
05-11-13 03:30 2.50% 2.50% 2.50%
01-10-13 04:30 2.50% 2.50% 2.50%
03-09-13 04:30 2.50% 2.50% 2.50%
06-08-13 04:30 2.50% 2.50% 2.75%
02-07-13 04:30 2.75% 2.75% 2.75%
04-06-13 04:30 2.75% 2.75% 2.75%
07-05-13 04:30 2.75% 3.00% 3.00%
02-04-13 03:00 3.00% 3.00% 3.00%
05-03-13 03:30 3.00% 3.00% 3.00%
05-02-13 03:30 3.00% 3.00% 3.00%
04-12-12 03:30 3.00% 3.00% 3.25%
06-11-12 03:30 3.25% 3.00% 3.25%
02-10-12 04:30 3.25% 3.50% 3.50%
04-09-12 04:30 3.50% 3.50% 3.50%
07-08-12 04:30 3.50% 3.50% 3.50%
03-07-12 04:30 3.50% 3.50% 3.50%
05-06-12 04:30 3.50% 3.75% 3.75%
01-05-12 04:30 3.75% 4.00% 4.25%
03-04-12 04:30 4.25% 4.25% 4.25%
06-03-12 03:30 4.25% 4.25% 4.25%
07-02-12 03:30 4.25% 4.00% 4.25%
06-12-11 03:30 4.25% 4.25% 4.50%
01-11-11 03:30 4.50% 4.50% 4.75%
04-10-11 03:30 4.75% 4.75% 4.75%
06-09-11 04:30 4.75% 4.75% 4.75%
02-08-11 03:30 4.75% 4.75% 4.75%
05-07-11 04:30 4.75% 4.75% 4.75%
07-06-11 03:30 4.75% 4.75% 4.75%
03-05-11 03:30 4.75% 4.75% 4.75%
05-04-11 04:30 4.75 4.75 4.75%
01-03-11 04:30 4.75% 4.75% 4.75%
01-02-11 03:30 4.75% 4.75% 4.75%
07-12-10 03:30 4.75% 4.75% 4.75%
02-11-10 04:30 4.75% 4.75% 4.50%
05-10-10 03:30 4.50% 4.75% 4.50%
07-09-10 11:00 4.50% 4.50% 4.50%
03-08-10 11:00 4.50% 4.50% 4.50%
06-07-10 11:00 4.50% 4.50% 4.50%
01-06-10 11:00 4.50% 4.50% 4.50%
04-05-10 11:00 4.50% 4.50% 4.25%
06-04-10 11:00 4.25% 4.25% 4.00%
02-03-10 11:00 4.00% 4.00% 3.75%
02-02-10 11:00 3.75% 4.00% 3.75%
01-12-09 11:00 3.75% 3.75% 3.50%
03-11-09 11:00 3.50% 3.50% 3.25%
06-10-09 11:00 3.25% 3.00% 3.00%
01-09-09 11:00 3.00% 3.00% 3.00%
04-08-09 11:00 3.00% 3.00% 3.00%
07-07-09 11:00 3.00% 3.00% 3.00%
02-06-09 11:00 3.00% 3.00% 3.00%
05-05-09 11:00 3.00% 3.00% 3.00%
07-04-09 11:00 3.00% 3.25% 3.25%
03-03-09 11:00 3.25% 3.00% 3.25%
03-02-09 11:00 3.25% 3.25% 4.25%
02-12-08 11:00 4.25% 4.50% 5.25%
04-11-08 11:00 5.25% 5.50% 6.00%
07-10-08 11:00 6.00% 6.50% 7.00%
02-09-08 11:00 7.00% 7.00% 7.25%
05-08-08 11:00 7.25% 7.25% 7.25%
01-07-08 11:00 7.25% 7.25% 7.25%
03-06-08 11:00 7.25% 7.25% 7.25%
06-05-08 11:00 7.25% 7.25% 7.25%
01-04-08 11:00 7.25% 7.25% 7.25%
04-03-08 11:00 7.25% 7.25% 7.00%
05-02-08 11:00 7.00% 7.00% 6.75%
04-12-07 11:00 6.75% 6.75% 6.75%
06-11-07 11:00 6.75% 6.75% 6.50%
02-10-07 11:00 6.50% 6.50% 6.50%
04-09-07 11:00 6.50% 6.50% 6.50%
07-08-07 11:00 6.50% 6.50% 6.25%
03-07-07 11:00 6.25% 6.25% 6.25%
05-06-07 11:00 6.25% 6.25% 6.25%
01-05-07 11:00 6.25% 6.25% 6.25%
03-04-07 11:00 6.25% 6.25% 6.25%
06-03-07 11:00 6.25% 6.25% 6.25%
06-02-07 11:00 6.25% 6.25% 6.25%
Importance
Country Australia
Source Reserve Bank of Australia

Description

This is the Reserve Bank of Australia loan interest rate for commercial banks. Based on this value, commercial banks fix their own interest rates on bank loans and deposits. Basic discount rate isone of the most important mechanisms toassist national economy regulation. Along with the reduction of the discount rates, the commercial banks demand for loans from the Central Bank increases. Simultaneously, commercial banks’ reserves are increased together with their ability to giveloans tobusinessmen and population. The Banks’rate of interest is also reduced. The stock of money supply in the country increases. On the contrary, whenever it is necessary to decrease business activity, having reduced the stock of money supply in the country, the Central Bank increases the discount rate. The discount rate increase is also a way to fight against inflation.

Effect of market

The discount rate alteration decision causes one of the strongest market responses. The discount rate riseshould support the Australian Dollar.