Markets · Medium impact

Reserve Bank of Australia Policy Decision

Nov 3, 2026, 2:30 p.m. AEDT (10:30 p.m. ET on Nov 2)

The RBA's Monetary Policy Board announces its decision at 2:30 p.m. Sydney time with a new Statement on Monetary Policy, after September-quarter inflation came in above its forecasts on October 28. A move shows up first in the Australian dollar and in AUD/USD.

Previous: Cash rate 4.60% after a 25 bp rise in September

Expected: 25 bp rise to 4.85%: all four major Australian banks forecast a hike after the Q3 CPI (CommBank, October 28)