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Interest Rate Decisions - 2014

The Reserve Bank sets the target 'cash rate', which is the market interest rate on overnight funds. It uses this as the instrument for monetary policy, and influences the cash rate through its financial market operations. Decisions regarding the cash rate target are made by the Reserve Bank Board and explained in a media release announcing the decision at 2.30 pm after each Board meeting. (Prior to December 2007, media releases were issued only when the cash rate target was changed.)

7 October 2014

2 September 2014

5 August 2014

1 July 2014

3 June 2014

6 May 2014

1 April 2014

4 March 2014

4 February 2014