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Goldman Sachs

June 16, 2026

Australia RBA Cash Rate Policy Update

Macro Economic IndicatorsRates Govt BondsEnergy

The Reserve Bank of Australia (RBA) maintained the cash rate at 4.35% during its June 2026 meeting. The decision was accompanied by a clear tightening bias to address persistent inflation risks.

Key Takeaways

  • 1.The RBA kept the cash rate at 4.35% in a unanimous decision.
  • 2.The RBA adopted a tightening bias, warning that inflation remains too high.
  • 3.Global energy prices continue to pose an inflation risk due to supply issues.

Table of Contents

  • Australia: RBA Cash Rate: On hold at 4.35% with a tightening bias
  • Key numbers:
  • Main points:
  • The Australia and New Zealand Economics Team
  • Disclosure Appendix

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