Reserve Bank Of Aust 2025 Policy Changes. Treasurer jim chalmers has confirmed he'd like to see sweeping changes made to the structure of the reserve bank before the next election. The reserve bank of australia (“rba”) concluded its december 2024 meeting by maintaining its official cash rate (“ocr”) at 4.35%, marking the ninth consecutive meeting and the thirteenth consecutive month at this level.
Decisions regarding monetary policy are made by the reserve bank board. The reserve bank of australia (rba) retained its cash rate at 4.35% during its final meeting of 2024, keeping borrowing costs unchanged for the ninth straight gathering, in line with market.
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