The Latest Breaking News from RBA

Approvals for new homes remains subdued as stubbornly high inflation and rising interest rates weigh on demand for home-building.

Weak growth anticipates worse to come, given the promise of further RBA hikes and the economy has already begun to fall

Magistrate says she ‘didn’t understand’ why police imposed bail on woman, 23, who was charged with trespass after protest last month

The Reserve Bank says it’s fighting a war on inflation, but it could easily be construed as a war on the average Australian.

The latest economic growth figures are expected to show a robust economy. But the outlook for 2023 is far less rosy, warn many analysts.

Fears of a recession in early-2023 are set to be eased on Wednesday as experts prepare for robust economic growth.

A government-ordered review of the Reserve Bank — the first in more than a generation — is expected to ask searching questions of our key financial institution. The leadership of the central bank, the composition of its board, missed targets and broken promises are all elements under examination.

While the banks have been quick to pass on RBA’s every cash rate increase, they have not matched all the decreases since June 2019

Priced-in corporate profits footed by consumers accounts for 69% of inflation beyond the RBA’s target, analysis finds.