Interest Rates Rba Today Impact 2025 Outlook. Australian interest rate today and forecast for next months, 2025, 2026, 2027. But when the rba changes the cash rate target, interest rates for mortgages don't automatically change โ the individual banks decide that.
At its meeting today, the board decided to leave the cash rate target unchanged at 4.35 per cent and the interest rate paid on exchange settlement balances unchanged at 4.25. The rba interest rate influences the cost of borrowing for consumers and businesses, which can impact spending and investment decisions.