Reserve Bank of Australia meeting —

At its 12 August 2025 meeting, the Reserve Bank of Australia lowered its policy rate from 3.85% to 3.60%. The decision passed unanimous.

Decision

cut — 3.85% to 3.60%

Vote: unanimous

Key passages

Today the Board decided to cut the cash rate by 25 basis points to 3.6%.

Confirms the rate cut, the expected policy action.

The Board’s now cut the cash rate by 75 basis points since February this year as we’ve become increasingly confident that inflation is on track to be in our 2 to 3% target range on a sustainable basis.

Highlights cumulative easing and growing confidence inflation is returning to target sustainably.

Meeting documents

Background reading

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