RBA Holds Cash Rate Steady at 4.35% After Three Hikes in 2026

The Reserve Bank of Australia held the official cash rate at 4.35%, pausing after three consecutive hikes in 2026, bringing relief to millions of households.

The Oz Post 16/06/2026 03:35

RBA Holds Cash Rate Steady at 4.35% After Three Hikes in 2026 — RBA Holds Cash Rate Steady at 4.35% After Three Hikes

Millions of Australian households are breathing a sigh of relief after the Reserve Bank of Australia (RBA) broke its run of form to hold the official cash rate steady at 4.35 per cent.

Rate Hold Amid Economic Pressures

The hold comes despite economic pressures from the Middle East and inflation levels that are beyond the bank’s preferred target range. The RBA’s monetary policy board had hiked rates in February, March and May of 2026, taking Australia “back to square one” after three cuts in 2025.

A fourth consecutive rate hike this year would have turned the official cash rate dial up to a level not seen since November 2011.

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