Three RBA governors testify before Australia’s Senate amid expectations of a June rate pause after three consecutive hikes this year.
Reserve Bank of Australia Governor Michele Bullock and two assistant governors will appear before the Senate Economics Legislation Committee on June 4, 2026. The testimony comes as the RBA has raised interest rates at each of its first three meetings this year, signaling a hawkish stance amid economic pressures.
Markets expect the central bank to pause its tightening cycle in June, though officials are unlikely to adopt a dovish tone during the hearing. The 2026–27 Budget estimates will frame discussions, with investors watching for clues on future policy direction.
No immediate market reaction was reported ahead of the testimony, though the RBA’s communications are closely scrutinized for shifts in tone or guidance.