Australia Policy Rate
1990 - 2026 | Monthly | % pa | Reserve Bank of Australia
Key information about Australia Policy Rate
- Australia cash rate (Policy Rate: Month End: Cash Target Rate) was set at 3.85 % pa in Feb 2026, compared with 3.60 % pa in the previous Jan 2026.
- Australia Policy Rate averaged 7.25 % pa and is updated monthly, available from Aug 1990 to Feb 2026.
- The data reached an all-time high of 14.00 % pa in Sep 1990 and a record low of 0.10 % pa in Apr 2022.
Related information about Australia Policy Rate
- In the latest reports, Australia Short Term Interest Rate: Month End: Bank Acceptance Bills Rates: 90 days was reported at 3.85 % pa in Jan 2026.
- Its Long Term Interest Rate (Government Bond Yield: Australian Government: 10 Years) was reported at 4.75 % pa in Jan 2026.
- Australia Exchange Rate against USD averaged 1.53 (USD/AUD) in Oct 2025.
- Its Real Effective Exchange Rate was 105.62 in Jan 2026.
View Australia's Policy Rate from Aug 1990 to Feb 2026 in the chart:
What was Australia's Policy Rate in Feb 2026?
Australia cash rate (Policy Rate: Month End: Cash Target Rate) was set at 3.85 % pa in Feb 2026, compared with 3.60 % pa in the previous Jan 2026. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 3.85 Feb 2026 | 3.60 Jan 2026 | 0.10 Apr 2022 | 14.00 Sep 1990 | % pa | monthly | Aug 1990 - Feb 2026 |
Policy Rate by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (% pa) | 2.50 Feb 2026 | monthly | Jan 2000 - Feb 2026 |
| Algeria (% pa) | 2.75 Feb 2026 | monthly | Jan 1963 - Feb 2026 |
| Argentina (%) | 28.28 Feb 2026 | monthly | Jan 1985 - Feb 2026 |
| Armenia (% pa) | 6.50 Feb 2026 | monthly | May 2001 - Feb 2026 |
| Australia (% pa) | 3.85 Feb 2026 | monthly | Aug 1990 - Feb 2026 |
| Austria (% pa) | 2.15 Feb 2026 | monthly | Jan 1999 - Feb 2026 |
| Azerbaijan (% pa) | 6.50 Feb 2026 | monthly | Jan 2005 - Feb 2026 |
| Bahrain (% pa) | 4.50 Feb 2026 | monthly | Jan 2007 - Feb 2026 |
| Bangladesh (% pa) | 10.00 Jan 2026 | monthly | Sep 2009 - Jan 2026 |
| Belarus (% pa) | 9.75 Feb 2026 | monthly | Jul 1991 - Feb 2026 |
| Belgium (% pa) | 2.15 Feb 2026 | monthly | Jan 1999 - Feb 2026 |
| Bolivia (% pa) | 3.41 Feb 2026 | monthly | Jan 2013 - Feb 2026 |
| Botswana (% pa) | 3.75 Apr 2022 | monthly | Aug 1976 - Apr 2022 |
| Brazil (% pa) | 15.00 Jan 2026 | monthly | Mar 1999 - Jan 2026 |
| Bulgaria (% pa) | 1.81 Dec 2025 | monthly | Feb 1991 - Dec 2025 |
| Canada (% pa) | 2.25 Feb 2026 | monthly | Dec 1992 - Feb 2026 |
| Chile (% pa) | 4.50 Feb 2026 | monthly | May 1995 - Feb 2026 |
| China (% pa) | 1.40 Nov 2025 | monthly | May 2012 - Nov 2025 |
| Colombia (% pa) | 10.25 Feb 2026 | monthly | Apr 1995 - Feb 2026 |
| Croatia (% pa) | 3.00 Dec 2022 | monthly | Dec 1992 - Dec 2022 |
| Cyprus (% pa) | 2.15 Feb 2026 | monthly | Jan 1999 - Feb 2026 |
| Czech Republic (% pa) | 2.50 Feb 2026 | monthly | Jan 1993 - Feb 2026 |
| Denmark (% pa) | 1.60 Feb 2026 | monthly | Aug 1914 - Feb 2026 |
| Ecuador (% pa) | 7.54 Feb 2026 | monthly | Jul 1995 - Feb 2026 |
| Egypt (% pa) | 19.50 Feb 2026 | monthly | Jan 1991 - Feb 2026 |
| Estonia (% pa) | 2.15 Feb 2026 | monthly | Jan 1999 - Feb 2026 |
| European Union (% pa) | 2.15 Feb 2026 | monthly | Jan 1999 - Feb 2026 |
| Finland (% pa) | 2.15 Feb 2026 | monthly | Jan 1999 - Feb 2026 |
| France (% pa) | 2.15 Feb 2026 | monthly | Jan 1999 - Feb 2026 |
| Georgia (% pa) | 8.00 Feb 2026 | monthly | Jan 2008 - Feb 2026 |
| Germany (% pa) | 2.15 Feb 2026 | monthly | Jan 1999 - Feb 2026 |
| Ghana (% pa) | 25.00 Nov 2025 | monthly | Nov 2002 - Nov 2025 |
| Greece (% pa) | 2.15 Feb 2026 | monthly | Jan 1999 - Feb 2026 |
| Hong Kong SAR, China (% pa) | 4.00 Feb 2026 | monthly | Jun 1992 - Feb 2026 |
| Hungary (% pa) | 6.25 Feb 2026 | monthly | Oct 1990 - Feb 2026 |
| Iceland (% pa) | 8.00 Jan 2026 | monthly | Jan 1994 - Jan 2026 |
| India (% pa) | 5.25 Feb 2026 | monthly | Apr 2001 - Feb 2026 |
| Indonesia (% pa) | 4.75 Feb 2026 | monthly | Jun 2015 - Feb 2026 |
| Ireland (% pa) | 2.15 Feb 2026 | monthly | Jan 1999 - Feb 2026 |
| Israel (% pa) | 4.00 Feb 2026 | monthly | Dec 1998 - Feb 2026 |
| Italy (% pa) | 2.15 Feb 2026 | monthly | Jan 1999 - Feb 2026 |
| Ivory Coast (% pa) | 2.50 Mar 2017 | monthly | Jan 1964 - Mar 2017 |
| Japan (% pa) | 0.50 Nov 2025 | monthly | Mar 2006 - Nov 2025 |
| Jordan (% pa) | 6.75 Jan 2026 | monthly | Dec 1965 - Jan 2026 |
| Kazakhstan (% pa) | 18.00 Feb 2026 | monthly | Feb 1992 - Feb 2026 |
| Kenya (% pa) | 8.75 Feb 2026 | monthly | Jul 2003 - Feb 2026 |
| South Korea (% pa) | 2.50 Feb 2026 | monthly | May 1999 - Feb 2026 |
| Kosovo (% pa) | 2.15 Feb 2026 | monthly | Jan 1999 - Feb 2026 |
| Kuwait (% pa) | 3.50 Feb 2026 | monthly | Jul 1999 - Feb 2026 |
| Kyrgyzstan (% pa) | 11.00 Jan 2026 | monthly | Jan 1999 - Jan 2026 |
| Laos (% pa) | 8.50 Nov 2025 | monthly | Dec 1992 - Nov 2025 |
| Latvia (% pa) | 2.15 Feb 2026 | monthly | Jan 1999 - Feb 2026 |
| Lebanon (% pa) | 20.00 Sep 2025 | monthly | Apr 1964 - Sep 2025 |
| Lithuania (% pa) | 2.15 Feb 2026 | monthly | Jan 1999 - Feb 2026 |
| Luxembourg (% pa) | 2.15 Feb 2026 | monthly | Jan 1999 - Feb 2026 |
| Macau SAR, China (% pa) | 4.00 Feb 2026 | monthly | Dec 1999 - Feb 2026 |
| North Macedonia (% pa) | 4.00 Feb 2026 | monthly | Jan 2002 - Feb 2026 |
| Malawi (% pa) | 26.00 Feb 2026 | monthly | Jan 1980 - Feb 2026 |
| Malaysia (% pa) | 2.75 Feb 2026 | monthly | Apr 2004 - Feb 2026 |
| Malta (% pa) | 2.15 Feb 2026 | monthly | Jan 1999 - Feb 2026 |
| Mauritius (% pa) | 4.50 Feb 2026 | monthly | Dec 1999 - Feb 2026 |
| Mexico (% pa) | 7.00 Feb 2026 | monthly | Jan 2008 - Feb 2026 |
| Moldova (% pa) | 5.00 Feb 2026 | monthly | Feb 2001 - Feb 2026 |
| Mongolia (% pa) | 12.00 Feb 2026 | monthly | Jul 2007 - Feb 2026 |
| Montenegro (% pa) | 2.15 Feb 2026 | monthly | Jan 1999 - Feb 2026 |
| Morocco (% pa) | 2.25 Feb 2026 | monthly | Jun 1995 - Feb 2026 |
| Myanmar (% pa) | 9.00 2025 | yearly | 1986 - 2025 |
| Nepal (% pa) | 5.75 Dec 2025 | monthly | Jul 2003 - Dec 2025 |
| Netherlands (% pa) | 2.15 Feb 2026 | monthly | Jan 1999 - Feb 2026 |
| New Zealand (% pa) | 2.25 Nov 2025 | monthly | Mar 1999 - Nov 2025 |
| Nigeria (% pa) | 26.50 Feb 2026 | monthly | Jan 2000 - Feb 2026 |
| Norway (% pa) | 4.00 Feb 2026 | monthly | Jan 1991 - Feb 2026 |
| Oman (% pa) | 4.25 Feb 2026 | monthly | May 2007 - Feb 2026 |
| Pakistan (% pa) | 11.50 Jan 2026 | monthly | Feb 1992 - Jan 2026 |
| Paraguay (% pa) | 5.50 Feb 2026 | monthly | Jul 2010 - Feb 2026 |
| Peru (% pa) | 4.25 Feb 2026 | monthly | Sep 2003 - Feb 2026 |
| Philippines (% pa) | 5.25 Nov 2025 | monthly | Jun 2016 - Nov 2025 |
| Poland (% pa) | 3.75 Mar 2026 | monthly | Jan 2005 - Mar 2026 |
| Portugal (% pa) | 2.15 Feb 2026 | monthly | Jan 1999 - Feb 2026 |
| Qatar (% pa) | 4.35 Feb 2026 | monthly | Mar 2003 - Feb 2026 |
| Romania (% pa) | 6.50 Feb 2026 | monthly | Jan 2003 - Feb 2026 |
| Russia (% pa) | 15.50 Feb 2026 | monthly | Sep 2013 - Feb 2026 |
| Saudi Arabia (% pa) | 4.25 Feb 2026 | monthly | Jan 2000 - Feb 2026 |
| Serbia (% pa) | 5.75 Feb 2026 | monthly | Jan 2001 - Feb 2026 |
| Singapore (% pa) | 1.05 Nov 2025 | monthly | Jul 2005 - Nov 2025 |
| Slovakia (% pa) | 2.15 Feb 2026 | monthly | Jan 1999 - Feb 2026 |
| Slovenia (% pa) | 2.15 Feb 2026 | monthly | Jan 1999 - Feb 2026 |
| South Africa (% pa) | 6.75 Feb 2026 | monthly | Nov 1999 - Feb 2026 |
| Spain (% pa) | 2.15 Feb 2026 | monthly | Jan 1999 - Feb 2026 |
| Sri Lanka (% pa) | 7.25 Feb 2026 | monthly | Jan 1997 - Feb 2026 |
| Sweden (% pa) | 1.75 Feb 2026 | monthly | Jan 1987 - Feb 2026 |
| Switzerland (% pa) | -0.08 Feb 2026 | monthly | Jun 1999 - Feb 2026 |
| Syria (% pa) | 5.00 Jan 2026 | monthly | Jan 1962 - Jan 2026 |
| Taiwan, China (% pa) | 2.00 Nov 2025 | monthly | Jul 1961 - Nov 2025 |
| Tajikistan (% pa) | 7.50 Dec 2025 | monthly | Jun 1995 - Dec 2025 |
| Thailand (% pa) | 1.00 Feb 2026 | monthly | May 2000 - Feb 2026 |
| Tunisia (% pa) | 7.00 Feb 2026 | monthly | Jan 2000 - Feb 2026 |
| Turkey (% pa) | 37.00 Feb 2026 | monthly | Jun 1996 - Feb 2026 |
| Ukraine (% pa) | 15.00 Feb 2026 | monthly | Dec 1992 - Feb 2026 |
| United Arab Emirates (% pa) | 3.65 Feb 2026 | monthly | Nov 2007 - Feb 2026 |
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Learn more about what we doAustralia Key Series
| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -3.1 Dec 2025 | quarterly | Jun 2003 - Dec 2025 |
| Consolidated Fiscal Balance (USD mn) | -10,334.848 Dec 2025 | quarterly | Sep 2002 - Dec 2025 |
| Tax Revenue (USD mn) | 151,660.250 Dec 2025 | quarterly | Sep 2002 - Dec 2025 |
| Tax Revenue: % of GDP (%) | 30.5 Dec 2025 | quarterly | Sep 2002 - Dec 2025 |
| National Government Debt (USD mn) | 685,976.3 2024 | yearly | 1999 - 2024 |
| Government Debt: % of GDP (%) | 38.3 2024 | yearly | 1999 - 2024 |
| Forecast: Government Expenditure (AUD bn) | 1,343.987 2030 | yearly | 1988 - 2030 |
| Forecast: Government Net Debt (AUD bn) | 1,762.752 2030 | yearly | 1989 - 2030 |
| Forecast: Government Revenue (AUD bn) | 1,288.528 2030 | yearly | 1988 - 2030 |
| DOT Forecast: Budget Aggregates: Revenue (AUD bn) | 819.600 2028 | yearly | 1997 - 2028 |
| DOT Forecast: Budget Aggregates: Expenses (AUD bn) | 897.500 2029 | yearly | 1997 - 2029 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 1.2 Sep 2025 | quarterly | Jun 2004 - Sep 2025 |
| Household Debt: % of GDP (%) | 120.3 Jun 2025 | quarterly | Jun 1988 - Jun 2025 |
| Non-Performing Loans (USD mn) | 34,446.704 Sep 2025 | quarterly | Sep 1994 - Sep 2025 |
| Money Supply M1 (USD mn) | 1,370,400.239 Jan 2026 | monthly | Feb 1975 - Jan 2026 |
| Money Supply M2 (USD mn) | 2,354,703.061 Jan 2026 | monthly | Mar 1965 - Jan 2026 |
| M2 Growth (%) | 7.3 Jan 2026 | monthly | Mar 1966 - Jan 2026 |
| Foreign Exchange Reserves (USD mn) | 42,076.6 Feb 2026 | monthly | Jul 1969 - Feb 2026 |
| Foreign Exchange Reserves: % of GDP (%) | 2.352 Dec 2025 | quarterly | Sep 1969 - Dec 2025 |
| Foreign Exchange Reserves: Months of Import (NA) | 1.5 Sep 2025 | monthly | Jul 1971 - Sep 2025 |
| Gold Reserves (USD mn) | 13,399.586 Feb 2026 | monthly | Jan 1958 - Feb 2026 |
| Total Deposits (USD mn) | 2,861,383.344 Jun 2025 | quarterly | Sep 2004 - Jun 2025 |
| Total Deposits Growth (%) | 7.8 Sep 2025 | quarterly | Sep 2005 - Sep 2025 |
| Domestic Credit (USD mn) | 3,976,564.5 Dec 2025 | monthly | Dec 2001 - Dec 2025 |
| Domestic Credit Growth (%) | 3.7 Dec 2025 | monthly | Dec 2002 - Dec 2025 |
| Debt Service Ratio: Households (%) | 16.300 Jun 2025 | quarterly | Mar 1999 - Jun 2025 |
| Debt Service Ratio: Private Non-Financial Sector (%) | 20.800 Jun 2025 | quarterly | Mar 1999 - Jun 2025 |
| Credit to Households (USD bn) | 2,058.196 Jun 2025 | quarterly | Dec 1977 - Jun 2025 |
| Credit to Private Non-Financial Sector (USD bn) | 3,175.293 Jun 2025 | quarterly | Mar 1971 - Jun 2025 |
| Household Debt (USD mn) | 2,207,212.8 Sep 2025 | quarterly | Jun 1988 - Sep 2025 |
| Total Loans (USD mn) | 2,832,588.169 Jan 2026 | monthly | Sep 1976 - Jan 2026 |
| Total Loans Growth (%) | 7.60 Jan 2026 | monthly | Sep 1977 - Jan 2026 |
| Private Debt: % of Nominal GDP (%) | 129.18 Dec 2025 | quarterly | Mar 1990 - Dec 2025 |
| Money Supply: sa: M1 (AUD bn) | 1,959.114 Jan 2026 | monthly | Feb 1975 - Jan 2026 |
| Money Supply: sa: M3 (AUD bn) | 3,366.266 Jan 2026 | monthly | Mar 1965 - Jan 2026 |
| Money Supply: M3 (AUD bn) | 3,373.643 Jan 2026 | monthly | Jul 1959 - Jan 2026 |
| Official Reserve Assets: Total: in USD (USD mn) | 75,393.000 Feb 2026 | monthly | Jul 1969 - Feb 2026 |
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