Get all your news in one place.

100’s of premium titles.
One app.

Get all your news in one place.

100’s of premium titles. One news app.

The Latest Breaking News from RBA

Borrowers cross fingers ahead of live cash rate call

The Reserve Bank board is set to meet on Tuesday for what is likely to be another finely balanced interest rate decision in the fight against inflation.

AAP

RBA should pause rate rises as ‘deflationary shock’ sweeps global economy, former board member says

Warwick McKibbin says Australia’s central bank has been slow to react as supply pressures from Covid and war in Ukraine abate

The Guardian - AU

RBA has more to do to curb inflation as retail and job markets still strong, economists say

Despite fastest interest rate rises in three decades, retail turnover rose in May, when experts had expected a drop

The Guardian - AU

From analysis to the latest developments in health,
read the most diverse news in one place.

Liquidate them all, says the AFR, where too many rate hikes are barely enough

The RBA can’t stop lifting interest rates just because inflation is falling, says the Fin. The real problem is pesky workers.

Crikey

Retail trade beats forecast as sales lure in shoppers

Retail turnover has risen by a stronger-than-expected 0.7 per cent in May as cash-strapped consumers take advantage of sales.

AAP

Inflation retreated in May to 5.6%, easing fears RBA will again raise interest rates

Consumer price index fell in May from 6.5% in April showing further signs that the worst of inflation may be over

The Guardian - AU

Reserve Bank looks to be closing in on its goal of recession

What price a recession in Australia? Two experts think it’s a toss-up. But what kind of recession?

Crikey

Read news from The Economist, FT, and more,
with one subscription

Why the last mile on the road to low inflation may yet prove to be the toughest

While inflation may have peaked in 2022, households and firms are getting more used to it, making it harder to dislodge

The Guardian - AU

Forced property sales on the rise in outer Sydney as interest rate hikes start to bite

Domain data shows distressed listings as a share of the national market remain low but there’s been an uptick in outer suburban pockets

The Guardian - AU

Albo: Thanks but No thanks, ‘friend’

Anthony Albanese tells Peter Dutton his speech recommending a delay to the Voice referendum was ‘totally devoid of empathy’, and Treasury secretary Steven Kennedy is reportedly on the shortlist for the RBA governor’s job.

Crikey

Afternoon Update: Titan sub oxygen could run out tonight; Australia issues Twitter warning; and ABC ratings tank

The Titan sub could run out of oxygen tonight and Australia issues a warning to Twitter amid rise in online hate

The Guardian - AU

Why does the RBA want unemployment to go up? And what has it got to do with inflation?

The Reserve Bank deputy governor’s assessment that unemployment was ‘too low’ to tame inflation drew anger from unions. But was it correct?

The Guardian - AU

Alan Kohler: Time to revisit the Allan Fels system of price control – naming and shaming

It’s time to revisit the Fels system of price control.That is – put some resources into price surveillance, and name and shame the gougers.

The New Daily

House prices will keep rising into next year, says Domain, as immigration boosts demand

Sydney to lead recovery with 6% to 9% increase by next June while Melbourne, Adelaide, Perth and Brisbane will come close to or beat record highs

The Guardian - AU

Get all your
news in one place.

100’s of premium titles.
One news app.

The Guardian - AU

Afternoon Update: ‘Cause for hope’ in Titanic sub search; KFC hikes prices by up to 25%; and Taylor Swift tour info

US media reports cite government memos saying aircraft detected banging sound at 30-minute intervals

Newcastle Herald

Reserve Bank says Newcastle labour market 'tight', but it may not last long

Deputy governor Michele Bullock told a Newcastle industry lunch that unemployment would rise to help control inflation.

Crikey

Reserve Bank shocked — SHOCKED — to discover price gouging going on

Well done RBA for recognising that profits are driving up inflation. Now it just needs to recognise that it’s a far greater threat than workers’ wages.

The New Daily

Michael Pascoe: Speech shows RBA clueless on employment

You can rely on the Reserve Bank to miss or downplay a major factor or two when it strays into what’s actually happening in Australia.

Get all your
news in one place.

100’s of premium titles.
One news app.

The New Daily

‘Per capita recession’: Banks forecast longer downturn as more interest rate rises loom

Australia facing a multi-year per capita recession and even a quarter of negative economic growth in early 2024 with higher interest rates.

The New Daily

‘Finely balanced’: June interest rates hike was sparked by fresh inflation fears, minutes reveal

The Reserve Bank's decision to raise interest rates to a fresh decade high in June was "finely balanced", minutes reveal.

The Guardian - AU

RBA says decision to lift interest rate in June was ‘finely balanced’, easing expectations of further hikes

Minutes from RBA meeting on 6 June show the board was concerned about the ‘considerable uncertainty regarding the outlook for household spending’

The New Daily

Renter confidence returns to all-time lows

Low vacancy rates and high demand for housing are sending rents sky-high and weighing heavily on the confidence of renters.

The Guardian - AU

Faruqi says housing fund standoff ‘not about playing political games’ – as it happened

This blog is now closed

AAP

RBA says jobs market too tight to control inflation

Australia has managed to engineer full employment but the extreme competition for workers risks keeping inflation higher for longer.

The New Daily

‘Mortgage stress’: New home owners squeezed hardest as repayments skyrocket

Many new homeowners could see half their incomes consumed by mortgage repayments in coming months as the RBA hikes rates.

1 … 22 23 24 25

People

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations

Reserve Bank of Australia

Read news from The Economist, FT, and more,
with one subscription

Topics

Places

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.