Interest Rate 2024 Australia Forecast. We take a look at what the big four banks. The asx rate tracker, which sums up what the wider australian financial market expects, looks forward 18 months, when the cash rate is predicted to be just under 4 per cent.

At its august 2024 meeting, the reserve bank board decided to hold the cash rate. As you can see, australia’s is slightly lower than most other developed nations.