Australian interest rate changes since 1990
SYDNEY, Dec 6 (Reuters) - The Reserve Bank of Australia raised its cash rate by 25 basis points to 3.10% on Tuesday following a monthly policy meeting.
The following is a chronology of the Reserve Bank of Australia's interest rate moves since 1990. Each move is measured in basis points (bp), which are one-hundredths of a percentage point. Dec 6 2022
Up 25 bp
to 3.10 Nov 1 2022
Up 25 bp
to 2.85 Oct 4 2022
Up 25 bp
to 2.60 Sep 6 2022
Up 50 bp
to 2.35
Aug 2 2022
Up 50 bp
to 1.85 Jul 5 2022
Up 50 bp
to 1.35 Jun 7 2022
Up 50 bp
to 0.85
May 3 2022
Up 25 bp
to 0.35 Nov 3 2020
Down 15 bp
to 0.10
Mar 19 2020
Down 25 bp
to 0.25 Mar 3 2020
Down 25 bp
to 0.50 Oct 1 2019
Down 25 bp
to 0.75 Jul 2 2019
Down 25 bp
to 1.00 Jun 4 2019
Down 25 bp
to 1.25 Aug 2 2016
Down 25 bp
to 1.50 May 3 2016
Down 25 bp
to 1.75 May 5 2015
Down 25 bp
to 2.00 Feb 3 2015
Down 25 bp
to 2.25 Aug 6 2013
Down 25 bp
to 2.50 May 7 2013
Down 25 bp
to 2.75 Dec 4 2012
Down 25 bp
to 3.00 Oct 2 2012
Down 25 bp
to 3.25 Jun 5 2012
Down 25 bp
to 3.50 May 1 2012
Down 50 bp
to 3.75 Dec 6 2011
Down 25 bp
to 4.25 Nov 1 2011
Down 25 bp
to 4.50 Nov 2 2010
Up 25 bp
to 4.75 May 4 2010
Up 25 bp
to 4.50 Apr 6 2010
Up 25 bp
to 4.25 Mar 2 2010
Up 25 bp
to 4.00 Dec 1 2009
Up 25 bp
to 3.75 Nov 3 2009
Up 25 bp
to 3.50 Oct 6 2009
Up 25 bp
to 3.25 Apr 7 2009
Down 25 bp
to 3.00 Feb 3 2009
Down 100 bp
to 3.25 Dec 2 2008
Down 100 bp
to 4.25 Nov 4 2008
Down 75 bp
to 5.25 Oct 7 2008
Down 100 bp
to 6.00 Sep 2 2008
Down 25 bp
to 7.00 Mar 4 2008
Up 25 bp
to 7.25 Feb 5 2008
Up 25 bp
to 7.00 Nov 7 2007
Up 25 bp
to 6.75 Aug 8 2007
Up 25 bp
to 6.50 Nov 8 2006
Up 25 bp
to 6.25 Aug 2 2006
Up 25 bp
to 6.00 May 3 2006
Up 25 bp
to 5.75 Mar 2 2005
Up 25 bp
to 5.50 Dec 3 2003
Up 25 bp
to 5.25 Nov 5 2003
Up 25 bp
to 5.00 June 5 2002
Up 25 bp
to 4.75 May 8 2002
Up 25 bp
to 4.50 Dec 5 2001
Down 25 bp
to 4.25 Oct 3 2001
Down 25 bp
to 4.50 Sept 5 2001
Down 25 bp
to 4.75 Apr 4 2001
Down 50 bp
to 5.0 Mar 7 2001
Down 25 bp
to 5.5 Feb 7 2001
Down 50 bp
to 5.75 Aug 2 2000
Up 25 bp
to 6.25 May 3 2000
Up 25 bp
to 6.0 Apr 5 2000
Up 25 bp
to 5.75 Feb 2 2000
Up 50 bp
to 5.5 Nov 3 1999
Up 25 bp
to 5.0 Dec 2 1998
Down 25 bp
to 4.75 Jul 30 1997
Down 50 bp
to 5.0 May 23 1997
Down 50 bp
to 5.5 Dec 11 1996
Down 50 bp
to 6.0 Nov 6 1996
Down 50 bp
to 6.5 Jul 31 1996
Down 50 bp
to 7.0 Dec 14 1994
Up 100 bp
to 7.5 Oct 24 1994
Up 100 bp
to 6.5 Aug 17 1994
Up 75 bp
to 5.5 Jul 30 1993
Down 50 bp
to 4.75 Mar 23 1993
Down 50 bp
to 5.25 Jul 8 1992
Down 75 bp
to 5.75 May 6 1992
Down 100 bp
to 6.5 Jan 8 1992
Down 100 bp
to 7.5 Nov 6 1991
Down 100 bp
to 8.5 Sep 3 1991
Down 100 bp
to 9.5 May 16 1991
Down 100 bp
to 10.5 Apr 4 1991
Down 50 bp
to 11.5 Dec 18 1990
Down 100 bp
to 12.0 Oct 15 1990
Down 100 bp
to 13.0 Aug 2 1990
Down 100 bp
to 14.0 Apr 4 1990
Down 100-150bp to 15.0 to 15.5 Feb 15 1990
Down 50 bp
to 16.5 to 17.0 Jan 23 1990
Down 50-100bp to 17.0 to 17.5
Compiled by Wayne Cole; Editing by Jacqueline Wong
Latest News
Disclaimer: The XM Group entities provide execution-only service and access to our Online Trading Facility, permitting a person to view and/or use the content available on or via the website, is not intended to change or expand on this, nor does it change or expand on this. Such access and use are always subject to: (i) Terms and Conditions; (ii) Risk Warnings; and (iii) Full Disclaimer. Such content is therefore provided as no more than general information. Particularly, please be aware that the contents of our Online Trading Facility are neither a solicitation, nor an offer to enter any transactions on the financial markets. Trading on any financial market involves a significant level of risk to your capital.
All material published on our Online Trading Facility is intended for educational/informational purposes only, and does not contain – nor should it be considered as containing – financial, investment tax or trading advice and recommendations; or a record of our trading prices; or an offer of, or solicitation for, a transaction in any financial instruments; or unsolicited financial promotions to you.
Any third-party content, as well as content prepared by XM, such as: opinions, news, research, analyses, prices and other information or links to third-party sites contained on this website are provided on an “as-is” basis, as general market commentary, and do not constitute investment advice. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, it would be considered as marketing communication under the relevant laws and regulations. Please ensure that you have read and understood our Notification on Non-Independent Investment. Research and Risk Warning concerning the foregoing information, which can be accessed here.
