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RBA Cash Rate
Current target
Next Meeting
Market Consensus
Implied Rate (post)
After next meeting
Market-Implied Probabilities

Next Meeting

Probability of each outcome

Implied Rate Path

Market-implied cash rate across upcoming meetings

Meeting-by-Meeting Detail
Meeting Date Consensus Probability Implied Rate Δ (bps)
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Latest RBA News
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How to read this

The probabilities shown are derived from ASX 30-day interbank cash rate futures — financial contracts that price in market expectations for the RBA's overnight cash rate. They represent the current market consensus, not a forecast or guarantee.

A probability of 75% for "Hold" means that, based on current futures pricing, markets believe there is a 75% chance the RBA will keep rates unchanged at that meeting. These probabilities change daily as new economic data (inflation, employment, GDP) and RBA communications are released.

Data source: ASX 30-day interbank cash rate futures, updated daily after market close (4:00 PM AEST). Not financial advice. For personalised mortgage advice, speak with a licensed broker.