The latest RBA meeting in October 2025 saw a pause in the easing cycle, following several rate cuts earlier this year. The official cash rate is currently 3.60%. The commentary from the RBA in October points to the board being cautious and data dependent.
Unemployment is currently at about 4.5% which is resilient and the latest headline inflation rate is around 3% which is at the top end of the RBAs target band (of 2-3%). The RBA is likely to be in a holding pattern until there is change in these data points
