The Latest Breaking News from RBA

Even as we spent less, the Reserve Bank kept raising rates – and now household disposable income is back to what it was in 2015

Cash use has declined drastically across all age groups and for all products, but small pockets of resistance to digital-only payments remain

ABS confirms wage price index rose an annual rate of 3.5% in September quarter, bringing some relief to households battling cost of living pressures

Workers have logged another quarter of real wage growth that, thankfully, is not strong enough to push back interest rate cuts.

The Reserve Bank of Australia (RBA) plays a crucial role in shaping the financial landscape of the nation. By managing interest rates, it influences everything from mortgage repayments to savings returns. Understanding how these rates work and their implications for personal finances is essential for making informed financial decisions.

Donald Trump's return is having no immediate impact on central bank inflation outlooks but domestic jobs figures could change the calculus for the RBA.

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The biggest uncertainty – for shares, inflation and rates – is whether the president-elect acts on promises such as hefty tariffs, and how soon

The re-election of Donald Trump as US president could have "adverse implications" for the Australian economy but it has not changed the RBA's view on inflation.