As at 4th June 2019 the current RBA Cash Rate is 1.25 per cent.
The most recent RBA Cash Rate review was held on 4th June 2019 with the next review scheduled for the 2nd July 2019.
The Reserve Bank of Australia (RBA) Cash Rate is indicative of Australian banks borrowing costs and, as a result, any change to the cash rate will more than often see a correlated change in consumer Home and/or Investment Loan interest rates. It is not uncommon for lenders to pass on partial increases or reductions.
For more history visit the Official RBA Website.
To check up on your current Home and Investment Lending situation we recommend contacting a Prefix Finance Mortgage Consultant. You can find contact details here.
June 2019
