The Latest Breaking News from RBA

Treasurer Jim Chalmers has had discussions with Reserve Bank of Australia governor Philip Lowe and other regulators as he comes to grips with his new role.

I suspect Anthony Albanese will be a better PM than he was Opposition Leader – his talents more suited to making things work than tearing things down.

The RBA's assistant governor for economics Luci Ellis has refused to predict how high interest rates may rise, but reiterated more increases are to come.

RBA assistant governor for economics Luci Ellis does not expect the population level to catch-up to the numbers lost during the period of closed borders.

The U.S. stock market rebounded yesterday after talks around a possible easing of import tariffs on Chinese . However, investors remain concerned about multi-decade high inflation and the possibility of economic contraction. This is expected to keep the markets volatile in the near term. So, we think that amid the…

Businesses are battling rising costs, while their customers' purse strings are tightening. Tackling this situation will be the new government's great task, and there's only so much it can do to control some broad economic pressures.

Analysts say election of Albanese government will not ‘shift the dial’ on economic forecasts

New federal treasurer Jim Chalmers says motorists are being punished at the bowser again, but won't promise to retain the fuel excise cut beyond September.

Whichever party takes the reins of power at Australia's election on Saturday faces an economic road pitted with pot holes, from runaway inflation to rising interest rates, ballooning debt and an over-heated housing market.

The unemployment rate remained at 3.9 per cent in April after the Australian Bureau of Statistics downwardly revised the March result from four per cent.

Retailers enjoyed a buoyant sales period during April compared to a year earlier, but ballooning inflation is eating into business operations.