The RBA has decided to maintain the cash rate
The Reserve Bank of Australia (RBA) has decided to maintain the cash rate at its June meeting. The cash rate remains at 4.35%. The RBA aims to maintain consumer price inflation (CPI) within a flexible target range of 2-3%. As of April 2026, the CPI stands at 4.2%, which has decreased from 4.6% recorded in March 2026. As global economic conditions are fluctuating, the RBA has decided to hold and continue to evaluate market conditions. The disruption to global oil supply is impacting inflation, and the RBA believe inflation will likely remain high for some time.
Although no changes were made to the cash rate this month, it may be an ideal time to reassess your situation as you may be overlooking benefits available to you. We can assist you by reviewing your current set up, this is a service we offer all our clients. Reviewing your set up can also lead to knowing what options are available to you now or in the future, helping you to achieve your goals, whether that be to grow your investments, have financial freedom or improve your lifestyle
Email us today to arrange a review with one of our experienced team members at enquiry@wma.net.au
The Reserve Bank of Australia’s next schedule meeting
Looking ahead, the next meeting is August 10th and 11th, where further monetary policy decisions will be discussed.