Interest Rate 2024 Australian Government. The honourable stephen mulligan mp, the minister for defence and space industries. Our quarterly statement on monetary policy sets out the rba’s assessment of current economic and financial conditions as well as the outlook that the reserve bank board.

All australia general government net debt (l2) reached 30.6% as a percentage of gdp. From this year, the rba will make a decision on whether to hike, pause, or cut interest rates eight times a year.