Reserve Bank of Australia August minutes show active discussion of further monetary tightening. Marex adviser Ivan Colhoun says the minutes use language — 'upside risks', 'temporary' and 'at this meeting' — that has in past cases preceded policy action within three months. The minutes also note material new information is expected before the next meeting, leaving a September rate move possible but conditional on incoming data.

2026-08-25

Reserve Bank of Australia August minutes show active discussion of further monetary tightening. Marex adviser Ivan Colhoun says the minutes use language — 'upside risks', 'temporary' and 'at this meeting' — that has in past cases preceded policy action within three months. The minutes also note material new information is expected before the next meeting, leaving a September rate move possible but conditional on incoming data.