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Economics2h 58m ago

The Reserve Bank of Australia has left its official interest rate on hold at 4.35%.

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Australia

Who
Reserve Bank of Australia (RBA), Justin Zook, Luci Ellis, ANZ, Commonwealth Bank, NAB, Westpac
What
The Reserve Bank of Australia has left its official interest rate on hold at 4.35%.
When
Tue, 16 Jun 2026 04:30:50 GMT · 2h 58m ago
Where
Australia ·
Why
This decision comes after economic activity slowed and unemployment hit a four-year high.
The Frontline Impact

How this affects you

Homeowners with mortgages are already strained from previous rate hikes, while reduced household savings and higher fuel prices from geopolitical events are expected to further impact consumer spending and inflation, potentially delaying future rate cuts.

Story chain

6 events in this thread
  1. Economics2h 3m ago
    Australia's central bank has kept its cash rate steady at 4.35%, citing a slowdown in the economy amid tighter financial conditions, but has cautioned that a rate hike remains on the table if needed to bring inflation under control.
    Open article
  2. Economics2h 3m ago
    Australia's central bank has kept its cash rate steady at 4.35%, citing a slowdown in the economy amid tighter financial conditions.
    Open article
  3. Economics2h 21m ago
    The S&P/ASX 200 Index rose by 0.4% to 8,915 points after the Reserve Bank of Australia opted to keep its official cash rate on hold at 4.35%.
    Open article
  4. Economics2h 58m ago
    The Reserve Bank of Australia has kept its official interest rate at 4.35% following an economic slowdown and a four-year high in unemployment.
    Open article
  5. Economics2h 58m ago
    The Reserve Bank of Australia kept its official interest rate on hold at 4.35% on Tuesday after economic activity slowed and unemployment hit a four-year high.
    Open article
  6. Currently Reading2h 58m ago
    The Reserve Bank of Australia has left its official interest rate on hold at 4.35%.

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