RBA Raises Cash Rate Target by 25 Basis Points to 4.85 Per Cent

What the RBA Announced

The Reserve Bank of Australia (RBA) published a statement from its Monetary Policy Board on 3 November 2026. In media release number 2026-30, the RBA said that at its meeting that day, the Board decided to increase the cash rate target by 25 basis points. The new target is 4.85 per cent.

Key Points

• Publisher: Reserve Bank of Australia
• Document: Statement by the Monetary Policy Board: Monetary Policy Decision
• Media release number: 2026-30
• Decision: cash rate target raised by 25 basis points
• New cash rate target: 4.85 per cent

The information available to us covers only the headline decision. For the full statement, including the Board's reasoning and any other details, readers should consult the RBA's official publication directly.

Notes for EA trading

Central bank policy announcements can trigger sharp, short-lived price swings, and liquidity may thin out around the release. Spreads can widen noticeably during these periods, which may affect how automated strategies execute orders. Traders running EAs may want to review their settings in advance and consider pausing automated trading around major announcements.