Reserve Bank of Australia
- ️Wed Feb 05 2025
The Bank's mission and key statistics
We are Australia’s central bank and serve the people of Australia.
We conduct monetary policy, determine payments system policy, work to maintain a stable financial system, issue the nation’s banknotes, operate the core of the payments system and provide banking services to the government.
Cash rate target
4.35 %
Effective date 11 December 2024 Next update 2.30 pm, 18 February 2025
Cash rate targetInflation
Consumer Price Index Annual change December quarter 2024
2.4 %
Monthly Indicator December 2024
2.5 %
InflationExchange rates
Trade-weighted Index
60.4
USD
0.6290
CNY
4.5972
JPY
96.67
EUR
0.6073
As at 4.00 pm, 12 February 2025
Exchange ratesNews & Announcements
January Bulletin is out now
This edition features articles on access to cash, bank fees, studying economics, cash-flow channel and more.
Monetary Policy Decision
At its meeting, the Board decided to leave the cash rate target unchanged at 4.35 per cent.