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The Reserve Bank of Australia has increased the cash rate target by a cumulative 100bps in 2026 to a 15-year high of 4.60%. The current level of the cash rate now exceeds the previous cycle high, making Australia one of only two G10 countries (the other being Japan) to now have a higher policy rate than it did at the height of the COVID19 inflation shock.
Marketing communication / Non-Independent Research. This publication is issued by Coöperatieve Rabobank U.A., registered in Amsterdam, and/or any one or more of its affiliates and related bodies corporate (jointly and individually: “Rabobank”). Coöperatieve Rabobank U.A. is authorised and regulated by De Nederlandsche Bank and the Netherlands Authority for the Financial Markets. Read more
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