RBA holds cash rate at its record low of 0.25% at its board meeting for April 2020.

The Reserve Bank has kept Australia’s official cash rate at the historic low of 0.25 per cent. At its April meeting, the RBA voted to keep interest rates on hold just weeks after it was cut from 0.5 per cent to 0.25 per cent during an unscheduled meeting in mid-March as a result of the escalating coronavirus crisis.