RBA Rate Intelligence

Real-time Reserve Bank of Australia cash rate monitoring, meeting schedules, and mortgage impact analysis.

Current Rates (February 2026)

| Metric | Value | Last Change | |--------|-------|-------------| | RBA Cash Rate | 4.10% | Dec 2024 (-25bp) | | CPI (Annual) | 2.8% | Q4 2024 | | RBA Target | 2-3% | Inflation target band |

⚠️ Rates change. Always verify at rba.gov.au

RBA Meeting Schedule 2026

The RBA Board meets 8 times per year to decide the cash rate.

| # | Date | Day | |---|------|-----| | 1 | 18 February 2026 | Tuesday | | 2 | 1 April 2026 | Wednesday | | 3 | 20 May 2026 | Wednesday | | 4 | 1 July 2026 | Wednesday | | 5 | 12 August 2026 | Wednesday | | 6 | 23 September 2026 | Wednesday | | 7 | 4 November 2026 | Wednesday | | 8 | 9 December 2026 | Wednesday |

Decision announcement: 2:30 PM AEDT/AEST on meeting day

Official calendar: RBA Monetary Policy Meetings

Rate Impact Calculator

Monthly Repayment Formula (P&I)

M = P × [r(1+r)^n] / [(1+r)^n – 1]

Where:
- P = Principal (loan amount)
- r = Monthly rate (annual rate ÷ 12 ÷ 100)
- n = Total months (years × 12)

Quick Impact Table ($500,000 loan, 30 years)

| Rate | Monthly P&I | vs 4.10% | |------|-------------|----------| | 3.60% | $2,272 | -$160/mo | | 3.85% | $2,343 | -$89/mo | | 4.10% | $2,416 | — | | 4.35% | $2,490 | +$74/mo | | 4.60% | $2,565 | +$149/mo | | 5.00% | $2,684 | +$268/mo | | 6.00% | $2,998 | +$582/mo |

Per 0.25% Rate Change

$500,000 loan → ~$75/month difference
$750,000 loan → ~$112/month difference
$1,000,000 loan → ~$150/month difference

CPI & Inflation

What is CPI?

Consumer Price Index measures the average change in prices paid by households for goods and services.

Latest CPI Data

| Quarter | Annual % | Trend | |---------|----------|-------| | Q4 2024 | 2.8% | ↓ | | Q3 2024 | 2.9% | ↓ | | Q2 2024 | 3.4% | ↓ | | Q1 2024 | 3.8% | ↓ |

RBA's Inflation Target

Target band: 2-3% annual inflation
Above 3%: RBA may raise rates to cool economy
Below 2%: RBA may cut rates to stimulate growth

Data source: ABS CPI

Historical Cash Rate

Recent Rate Movements

| Date | Rate | Change | |------|------|--------| | Dec 2024 | 4.10% | -0.25% | | Nov 2023 | 4.35% | +0.25% | | Jun 2023 | 4.10% | +0.25% | | May 2023 | 3.85% | +0.25% | | Mar 2023 | 3.60% | +0.25% | | Nov 2020 | 0.10% | -0.15% (COVID low) |

Key Milestones

COVID Low: 0.10% (Nov 2020 – Apr 2022)
Fastest Hike Cycle: +4.25% in 18 months (May 2022 – Nov 2023)
Current Easing Cycle: Started Dec 2024

Full history: RBA Cash Rate Target

Variable vs Fixed Rates

| Type | Pros | Cons | |------|------|------| | Variable | Benefits from rate cuts; Flexible (extra repayments, offset) | Exposed to rate rises | | Fixed | Certainty; Protection from rises | Misses out on cuts; Break costs; Limited flexibility |

Current Market Rates (Indicative)

| Product | Range | |---------|-------| | Variable (owner-occupied, P&I) | 5.80% – 6.50% | | 2-year Fixed | 5.50% – 6.20% | | 3-year Fixed | 5.40% – 6.00% |

Rates vary by lender, LVR, and loan features. Compare at canstar.com.au

Proactive Alerts (For Clawdbot Users)

Set up reminders for RBA meetings:

"Remind me the day before each RBA meeting"
"Alert me when RBA changes the cash rate"
"Notify me when CPI data is released"

CPI release schedule: Quarterly (late Jan, Apr, Jul, Oct)

Key Resources

RBA Official: rba.gov.au
ABS Statistics: abs.gov.au
Rate Comparison: canstar.com.au
Economic Calendar: tradingeconomics.com/australia/calendar

Disclaimer

This skill provides general information only. Interest rates, economic data, and policies change frequently. Always verify current rates with official sources (RBA, ABS) and consult a qualified mortgage broker or financial advisor before making financial decisions.

Built by Oney & Co — Australian lending insights, simplified.