Economy dashboard · Interest rates & credit
As at 13 October 2026 · official data unless labelled
How tight is monetary policy, and how fast is borrowing growing?
RBA cash rate target
30 September 20264.6%Above its 10-year average▲ 0.25 pts10-year average 2.39%
RBA cash rate target has been 4.6% since 30 September 2026, up 0.25 pts on the previous reading (4.35%).
It is above its 10-year average of 2.39%.
Why it matters. The RBA's policy rate sets the floor for borrowing costs across the economy; it rises to cool inflation and falls to support growth.
What's driving it
1 of 3 under pressureOn target or better than usualWorse than usualOutside the target bandA level, neither better nor worseBars show how far each reading sits from its benchmark: left of centre below it, right above it.