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Reference · Reserve Bank calendar

RBA meeting dates 2026 and 2027

Every Monetary Policy Board meeting, the decision where one has been made, and the mortgage checklist Azure Home Loans published for it. Updated after each announcement.

Cash rate target
4.60%
Since Tuesday 29 September 2026
Next decision
Tuesday 3 November 2026
2:30pm Sydney time
2026 so far
4 rises · 2 holds
From 3.60% at the start of the year

2026 RBA meeting dates and decisions

The cash rate started 2026 at 3.60%. Each decision links to the Reserve Bank’s own statement. Rows without an outcome are future meetings — nothing on this page predicts how the Board will vote.

Reserve Bank of Australia Monetary Policy Board meeting dates for 2026, with the cash rate decision where one has been announced.
MeetingAnnouncementDecisionMortgage checklist
2–3 February 2026Tuesday 3 February 20262:30pm Sydney timeRaised 25 bp to 3.85%RBA media release 2026-03Published on decision day
16–17 March 2026Tuesday 17 March 20262:30pm Sydney timeRaised 25 bp to 4.10%RBA media release 2026-08Published on decision day
4–5 May 2026Tuesday 5 May 20262:30pm Sydney timeRaised 25 bp to 4.35%RBA media release 2026-12May 2026 rate rise — mortgage review
15–16 June 2026Tuesday 16 June 20262:30pm Sydney timeHeld at 4.35%RBA media release 2026-15June 2026 hold — what changed
10–11 August 2026Tuesday 11 August 20262:30pm Sydney timeHeld at 4.35%RBA media release 2026-19August 2026 hold — mortgage playbook
28–29 September 2026Tuesday 29 September 20262:30pm Sydney timeRaised 25 bp to 4.60%RBA media release 2026-27September 2026 rise — repayment checklist
2–3 November 2026NextTuesday 3 November 20262:30pm Sydney timeNot yet decidedPublished on decision day
7–8 December 2026Tuesday 8 December 20262:30pm Sydney timeNot yet decidedPublished on decision day

2027 RBA meeting dates

Published by the RBA in advance. Useful if a fixed rate expires, a pre-approval runs out, or a settlement lands near one of these Tuesdays.

Reserve Bank of Australia Monetary Policy Board meeting dates for 2027, with the cash rate decision where one has been announced.
MeetingAnnouncementDecisionMortgage checklist
8–9 February 2027Tuesday 9 February 20272:30pm Sydney timeNot yet decidedPublished on decision day
22–23 March 2027Tuesday 23 March 20272:30pm Sydney timeNot yet decidedPublished on decision day
3–4 May 2027Tuesday 4 May 20272:30pm Sydney timeNot yet decidedPublished on decision day
21–22 June 2027Tuesday 22 June 20272:30pm Sydney timeNot yet decidedPublished on decision day
9–10 August 2027Tuesday 10 August 20272:30pm Sydney timeNot yet decidedPublished on decision day
27–28 September 2027Tuesday 28 September 20272:30pm Sydney timeNot yet decidedPublished on decision day
1–2 November 2027Tuesday 2 November 20272:30pm Sydney timeNot yet decidedPublished on decision day
13–14 December 2027Tuesday 14 December 20272:30pm Sydney timeNot yet decidedPublished on decision day

What actually happens on decision day

  1. Step 1

    2:30pm Sydney time — statement released

    The media release sets the cash rate target and explains the vote. The target takes effect the next business day. This is the only thing that changes at 2:30pm.

  2. Step 2

    Same day to about a week — lenders announce

    Each lender decides whether to move variable rates, by how much, and from what date. After the September 2026 rise the four majors announced within two days and moved variable rates from 9 October.

  3. Step 3

    Rate date, then notice, then debit

    A higher repayment needs written notice before it is debited. The day the rate applies, the day you can see it in the app, and the day the money leaves are usually three different dates. Read your own notice.

  4. Step 4

    Two weeks later — minutes

    The minutes show how the Board weighed the options. They matter for the next meeting, not for the repayment that is already changing.

Four things worth doing the week before a meeting

  • Know your current rate and spread. Your rate minus the cash rate is the number a retention team can move. Compare it against the rate check before you ring.
  • Stress-test +0.25% and +0.50%. The repayment calculator prices a rate move on your balance in seconds. Budget off that, not the headline.
  • Check fixed-rate expiry dates. A fixed loan rolling to variable near a meeting reprices at whatever the lender is charging then. See fixed vs variable.
  • Pre-approval about to expire? Lenders reassess on the policy in force at the time. A rise between approval and settlement can change the answer. Read how pre-approval works.

RBA meeting dates — questions people ask

When is the next RBA interest rate decision?

Tuesday 3 November 2026, announced at 2:30pm Sydney time. The Board meets the day before as well; the statement is released on the second day. The full 2026 and 2027 schedule is published by the RBA and reproduced on this page.

What time does the RBA announce the cash rate?

2:30pm Sydney time on the second day of the meeting — that is AEDT during daylight saving (October to April) and AEST otherwise. The media release appears on rba.gov.au at that moment; the Governor's press conference follows. Minutes are published two weeks after the meeting.

How many times has the RBA raised rates in 2026?

Four times so far: 3 February (to 3.85%), 17 March (to 4.10%), 5 May (to 4.35%) and 29 September (to 4.60%). The Board held in June and August. Each row above links to the RBA media release for that meeting.

Does my home loan rate change on the decision day?

No. The decision moves the cash rate target, which the RBA publishes as effective the following day. Your lender then decides whether, when and by how much to move your variable rate, and must give written notice before a higher repayment is debited. After the 29 September 2026 rise the major banks moved variable rates from 9 October, with repayment changes following on each lender’s own schedule. Fixed rates do not change until the fixed period ends.

How many times a year does the RBA meet?

Eight. Since 2024 the Board has met over two days in February, March, May, June, August, September, November and December, following the release of key inflation and activity data. There is no meeting in January, April, July or October.

Where do these dates come from?

The RBA's board meeting schedules page, checked on Saturday 10 October 2026. Decision outcomes come from the numbered media release for each meeting. Azure Home Loans does not forecast decisions; future meetings are listed with a date and no outcome.

Schedule from the RBA board meeting schedules page, checked Saturday 10 October 2026. Decision outcomes from the RBA media releases linked in each row. General information only — not personal financial or credit advice, and not a forecast of any Board decision. Azure Home Loans (ACR 538895, auth. under ACL 390261).

Want your loan reviewed before the next decision?

Bishnu compares your current rate and any retention offer against a switch on the same remaining term — in writing, before the meeting.

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Prefer the phone? 0400 77 77 55 — direct line to Bishnu Adhikari.

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