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Statement on Monetary Policy

7 May 2024 SMP
The Reserve Bank issues a Statement on Monetary Policy four times a year. These statements assess current economic conditions and the prospects for inflation and output growth. These statements have replaced the Semi-Annual Statements on Monetary
https://www.rba.gov.au/publications/smp/

In Brief: Statement on Monetary Policy – May 2024

7 May 2024 SMP
Statement on Monetary Policy – May 2024. Inflation is still high and is falling more slowly than expected. Bringing inflation down to the 2–3 per cent target range is the Reserve Bank Boards highest priority. The Boards decision to hold the
https://www.rba.gov.au/publications/smp/2024/may/

Forecast Archive

7 May 2024 SMP
A number of Boxes on topics of special interest are published in the Statement on Monetary Policy and its forerunners, the Semi-Annual Statement on Monetary Policy and the quarterly reports on the Economy and Financial Markets. These boxes can be
https://www.rba.gov.au/publications/smp/forecasts-archive.html

In Brief: Statement on Monetary Policy – February 2024

6 Feb 2024 SMP
Statement on Monetary Policy – February 2024. Inflation is falling but is still high. It is important to bring inflation down because high inflation hurts all Australians. The Boards interest rate decision supports the gradual return of inflation
https://www.rba.gov.au/publications/smp/2024/feb/

Boxes

1 Jan 2024 SMP – 2024
A number of Boxes on topics of special interest are published in the Statement on Monetary Policy and its forerunners, the Semi-Annual Statement on Monetary Policy and the quarterly reports on the Economy and Financial Markets. These boxes can be
https://www.rba.gov.au/publications/smp/2024/boxes.html

Statement on Monetary Policy – August 2023

4 Aug 2023 SMP
The RBA's assessment of current economic conditions, both domestic and international, along with the outlook for Australian inflation and output growth.
https://www.rba.gov.au/publications/smp/2023/aug/

2023

31 Dec 2023 SMP
The Reserve Bank issues a Statement on Monetary Policy four times a year. These statements assess current economic conditions and the prospects for inflation and output growth. These statements have replaced the Semi-Annual Statements on Monetary
https://www.rba.gov.au/publications/smp/2023/

Statement on Monetary Policy – February 2023

10 Feb 2023 SMP
The RBA's assessment of current economic conditions, both domestic and international, along with the outlook for Australian inflation and output growth.
https://www.rba.gov.au/publications/smp/2023/feb/

Statement on Monetary Policy – November 2023

10 Nov 2023 SMP
The RBA's assessment of current economic conditions, both domestic and international, along with the outlook for Australian inflation and output growth.
https://www.rba.gov.au/publications/smp/2023/nov/

2024

31 Dec 2024 SMP
The Reserve Bank issues a Statement on Monetary Policy four times a year. These statements assess current economic conditions and the prospects for inflation and output growth. These statements have replaced the Semi-Annual Statements on Monetary
https://www.rba.gov.au/publications/smp/2024/