(Australian Associated Press)
The Reserve Bank raised the cash rate to a 12-year high 7.25 per cent in March 2008 before a series of cuts prompted by the global financial crisis. The following is a list of rate moves since.
* March 2008 – up 0.25 percentage points to 7.25
* September 2008 – down to 7.00
* October 2008 – down to 6.00
* November 2008 – down to 5.25
December 2008 – down to 4.25
February 2009 – down to 3.25
April 2009 – down to 3.00
October 2009 – up to 3.25
November 2009 – up to 3.50
December 2009 – up to 3.75
March 2010 – up to 4.00
April 2010 – up to 4.25
May 2010 – up to 4.50
November 2010 – up to 4.75
November 2011 – down to 4.50
December 2011 – down to 4.25
May 2012 – down to 3.75
June 2012 – down to 3.50
October 2012 – down to 3.25
December 2012 – down to 3.00
May 2013 – down to 2.75
August 2013 – down to 2.50
February 2015 – down to 2.25
May 2015 – down to 2.00
May 2016 – down to 1.75
August 2016 – down to 1.50