The Reserve Bank's Monetary Policy Board meets on 2–3 November 2026. The cash rate decision is announced at 2.30pm (Sydney time) on Tuesday 3 November, in 33 days, and the Governor holds a media conference at 3.30pm.
The cash rate is currently 4.60%. The RBA last moved on Tuesday 29 September 2026: hike 25bp to 4.60%.
ASX 30-day interbank futures put the most weight on a hold: they imply a cash rate of 4.66% after the meeting, +6bp from today's 4.60%.
Prediction markets (Polymarket and Kalshi, weighted by money traded) have it at 71% hold, 29% hike, 1% cut.
See the charts, the odds over time and every meeting on the rate tracker →
The Board meets eight times a year, over two days. Each decision is announced at 2.30pm on the second day, and a new cash rate applies from the next day. 10 meetings are still to come on the published schedule.
| Meeting | Decision |
|---|---|
| 2–3 February 2026 | Hike 25bp to 3.85% |
| 16–17 March 2026 | Hike 25bp to 4.10% |
| 4–5 May 2026 | Hike 25bp to 4.35% |
| 15–16 June 2026 | Held at 4.35% |
| 10–11 August 2026 | Held at 4.35% |
| 28–29 September 2026 | Hike 25bp to 4.60% |
| 2–3 November 2026 next | 22% hike |
| 7–8 December 2026 | 16% hike |
| 8–9 February 2027 | 41% hike |
| 22–23 March 2027 | 21% hike |
| 3–4 May 2027 | 23% hike |
| 21–22 June 2027 | 5% hike |
| 9–10 August 2027 | 3% cut |
| 27–28 September 2027 | 3% cut |
| 1–2 November 2027 | 4% cut |
| 13–14 December 2027 | 10% cut |
Dates from the RBA's board meeting schedule. Upcoming meetings show what ASX futures price; the interest rate forecast has the full path.
2.30pm Sydney time on the second day of the meeting — Tuesday 3 November for the next one — followed by the Governor's media conference at 3.30pm.
Eight times a year since 2024, roughly every six weeks. Before 2024 it met eleven times a year, on the first Tuesday of most months.
From ASX 30-day interbank cash rate futures, which settle on the average cash rate over each month. The rate they imply for the month after a meeting, against today's cash rate, gives the chance of a 25bp move — the same method as the ASX's own RBA Rate Tracker.
Figures refresh every 30 minutes; last updated 01 Oct 2026, 00:45 Brisbane time. RBA Watch is an independent site. It is not affiliated with or endorsed by the Reserve Bank of Australia, and nothing here is financial advice.