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Cash Rate Target
Australian Cash Rate Target
The Cash Rate is the rate financial institutions charge other financial institutions for overnight loans in the Australian banking system. This is a fundamental trend-setting rate and changes to this rate are reflected in other interest rates.
| Date | Value | Previous | Change |
|---|---|---|---|
| May 2, 2012 | 3.75 | 4.25 | -50.00 bps |
| Dec 7, 2011 | 4.25 | 4.50 | -25.00 bps |
| Nov 2, 2011 | 4.50 | 4.75 | -25.00 bps |
| Nov 3, 2010 | 4.75 | 4.75 | -- |
| Nov 3, 2010 | 4.75 | 4.50 | +25.00 bps |
| May 5, 2010 | 4.50 | 4.25 | +25.00 bps |
| Apr 7, 2010 | 4.25 | 4.00 | +25.00 bps |
| Mar 3, 2010 | 4.00 | 3.75 | +25.00 bps |
| Dec 2, 2009 | 3.75 | 3.50 | +25.00 bps |
| Nov 4, 2009 | 3.50 | 3.25 | +25.00 bps |