How frequently will the RBA convene in 2024? No RBA Meeting this Week – Interest Rates On Hold
Starting this year, the RBA will deliberate on whether to raise, maintain, or reduce interest rates eight times annually. This will give them more time to weigh up economic indicators before make interest rate decisions.
Previously, the board convened 11 times per year, holding a meeting at the commencement of each month except for January.
The RBA board meeting schedule for 2024 is as follows:
- 5-6 February
- 18-19 March
- 6-7 May
- 17-18 June
- 5-6 August
- 23-24 September
- 4-5 November
- 9-10 December
There will be no meetings in April, July, and October.
Traditionally, the meetings lasted a few hours on the morning of the first Tuesday of every month (excluding January).
However, this year, the RBA board meetings will extend beyond their previous duration, spanning two days.
The timing of the interest rate announcement will remain unchanged, with the RBA disclosing the outcome at 2:30 pm Sydney time on Tuesdays.
For the latest interest rates please click the links below;
Investment Property Loan Interest Rates
Commercial Loan Interest Rates
Commercial Proeprty Loan Interest Rates
If you have any questions contact us and we will answer them via your preferred contact method.
