Australia news live: Reserve Bank holds cash rate at 3.6%; cries of ‘shame’ as Coalition opposes apology to First Peoples in Victorian parliament | Australia news

Australia news live: Reserve Bank holds cash rate at 3.6%; cries of ‘shame’ as Coalition opposes apology to First Peoples in Victorian parliament | Australia news


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RBA leaves cash rate target on hold at 3.6%

Luca Ittimani

The Reserve Bank has left its key interest rate on hold, as widely expected by economists. The official cash rate remains 3.6%.

Markets had predicted there would be no change, with traders betting the RBA would next hand down a rate hike by August 2026.

We’ll bring you more from the interest rate-setting board’s statement in just a moment.

The RBA has kept the official cash rate on hold at 3.6%. Photograph: Mark Baker/AP
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