Monetary policy statement and projections · Australia

Australia RBA Monetary Policy Statement

The Australia RBA Monetary Policy Statement is the Reserve Bank of Australia's statement or report explaining its policy decision, often with its own forecasts for growth, inflation and interest rates.

Importance
High
Next release
Currency
AUD · Australian dollar
Central bank
The Reserve Bank of Australia

Latest figures

No results of this release are shown yet. They appear here as soon as they are published.

See it in the economic calendar →

Why it matters

The words and the forecasts tell markets where the cash rate target is likely to go next. A central bank that raises its inflation forecasts or signals more hikes (the Fed's "dot plot" of rate projections, for example) can move the Australian dollar and bond yields more than the decision itself.

How it is calculated

There is no single figure; the report contains the committee's projections (often the median of its members' views) and its assessment of the economy.

What changes mean

  • Compare the new projections with the previous ones: the revision is the news.
  • Changes of a few words in the statement are often deliberate signals.

Higher than expected: Higher inflation or rate projections than expected tend to lift the Australian dollar and bond yields.

Lower than expected: Lower projections than expected tend to weaken the Australian dollar and lower bond yields.

A short history

Central banks began to publish forecasts and statements as part of inflation targeting from the 1990s (the Bank of England's Inflation Report from 1993); the Fed's dot plot started in 2012.

Questions

What is the Australia RBA Monetary Policy Statement?

The Australia RBA Monetary Policy Statement is the Reserve Bank of Australia's statement or report explaining its policy decision, often with its own forecasts for growth, inflation and interest rates.

When is the next Australia RBA Monetary Policy Statement?

On Tuesday 3 November 2026 at 03:30 UTC.

Educational content only, not investment advice. Figures are the published results as recorded by our calendar; market reactions described are typical, not guaranteed.