The cash rate decision for April has been announced by the RBA with the rate unchanged at 0.25%. Just 19 days ago the RBA announced a .25% emergency cut in response to the economic threat posed by the COVID-19 crisis, reducing the rate to its lowest ever level.

Today, the RBA announced an out-of-cycle emergency rate cut to help the Australian economy withstand the impact of COVID-19.

The Reserve Bank of Australia (RBA) has delivered its final cash rate announcement for the year with the decision to leave the rate unchanged at 0.75%.