Economy dashboard · Interest rates & credit
As at 13 October 2026 · official data unless labelled
RBA cash rate target
4.6%Above its 10-year average▲ 0.25 pts30 September 2026vs 10-year average 2.39%
What the numbers are telling us
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 it should be
There is no official target for this measure, so it is judged against its own 10-year average of 2.39%: a higher or lower reading is not in itself better or worse.
Cash rate: the last 99 readings
RBA cash rate target, 1990-01-23 to 2026-09-30
Every figure on this page is calculated from the stored official series (RBA, A2 cash rate target); the summary is written from the numbers, not edited by hand.