Current Inflation Rate 2024 Australia And New. At its february 2024 meeting, the reserve bank board decided to leave the cash rate target unchanged at 4.35 per cent. If this number holds, $1 today will be equivalent in buying power to.

The consumer price index (cpi) rose 1.0% this quarter. 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.