6 August 2013
At its meeting today, the Board decided to lower the cash rate by 25 basis points to 2.5 per cent, effective 7 August 2013.
Other Key Information from the http://www.rba.gov.au
Cash rate: 2.50% [effective 7 August 2013]
Inflation rate: 2.4%
Exchange rates [4 pm AEST, 02 Aug 2013]
A$/US$ 0.8909
TWI 68.7
Previous Rate Changes have been:
| Effective | Change | Cash Rate % | |
| 7 Aug 2013 | -0.25 | 2.50 | |
| 8 May 2013 | -0.25 | 2.75 | |
| 5 Dec 2012 | -0.25 | 3.00 | |
| 3 Oct 2012 | -0.25 | 3.25 | |
| 6 Jun 2012 | -0.25 | 3.50 | |
| 2 May 2012 | -0.50 | 3.75 | |
| 7 Dec 2011 | -0.25 | 4.25 | |
| 2 Nov 2011 | -0.25 | 4.50 | |
| 3 Nov 2010 | +0.25 | 4.75 | |
| 5 May 2010 | +0.25 | 4.50 | |
| 7 Apr 2010 | +0.25 | 4.25 | |
| 3 Mar 2010 | +0.25 | 4.00 | |
| 2 Dec 2009 | +0.25 | 3.75 | |
| 4 Nov 2009 | +0.25 | 3.50 | |
| 7 Oct 2009 | +0.25 | 3.25 | |
| 8 Apr 2009 | -0.25 | 3.00 | |
| 4 Feb 2009 | -1.00 | 3.25 | |
| 3 Dec 2008 | -1.00 | 4.25 | |
| 5 Nov 2008 | -0.75 | 5.25 | |
| 8 Oct 2008 | -1.00 | 6.00 | |
| 3 Sep 2008 | -0.25 | 7.00 | |
| 5 Mar 2008 | +0.25 | 7.25 | |
| 6 Feb 2008 | +0.25 | 7.00 | |
46.1 - 867,074
↓ Scroll down for Comments ↓