Averil Ondrea

Rba Interest Rate Decision Today 2025 Date. The interest rate we control is the cash rate, which is the rate that banks charge each other to borrow overnight. If the rba is hawkish.

The interest rate we control is the cash rate, which is the rate that banks charge each other to borrow overnight. The rate has been at 4.35 per cent since november 2023, with tuesday’s announcement bringing it down to 4.1 per cent.