The Latest Breaking News from RBA

Housing remains one of Australia’s most pressing issues in both state and federal politics. The RBA keeping rates up and high mortgage repayments have left many Australians struggling. For those Australians who don’t own a home, it’s becoming increasingly hard to get into the housing market.

The minutes from the last Reserve Bank meeting will outline the thinking behind keeping rates on hold and how seriously the case to hike was considered.

Jobless rate increases from a revised 3.9% in March but it’s a mixed picture with employers adding 38,500 jobs overall

So much for the wage-price spiral — or even for real wages growing. The latest Wage Price Index data show wages growth has peaked and is now falling.

It is impossible for wages to drive inflation when they are actually rising slower than inflation

Former RBA board member among experts who say Albanese government’s third budget is likely to at least delay next interest rate cut

Yes, targeted subsidies — like the $300 energy bill relief — can be legitimate, even if they cost something.

A surplus matters less than what choices the government makes in its budget – here’s what Jim Chalmers’ statement tells us

Australia's economy set for positive shift as inflation expected to ease to RBA target range, supported by strong performance in key sectors and effective ...

We need to avoid replicating the experience of the 1990s, when taming inflation involved destroying the economy

The Reserve Bank has belatedly acknowledged that its punitive rate rises have inflicted more harm on households than it expected.