Overview
- The Reserve Bank of Australia kept its official cash rate at 4.35 per cent, a decision confirmed on Tuesday, June 16, 2026.
- Markets had expected a hold, and the RBA’s announcement matched those forecasts without changing policy guidance.
- Mortgage holders were reported to be bracing ahead of the decision because the cash rate directly shapes home loan repayments.
- RBA Governor Michele Bullock addressed the decision, emphasising the bank’s careful approach to balancing inflation risks and economic activity.
- The hold keeps borrowing costs steady for now but leaves future moves dependent on incoming inflation and growth data that the bank will monitor closely.