The Latest Breaking News from Reserve Bank

Australia’s inflation rate has fallen from its 30-year high of 7.8% in the December quarter of 2022 to 7.0% in the March quarter of 2023. But it’s still likely the Reserve Bank of Australia will push up interest rates again before the end of the year to drive inflation back…

Australia's inflation rate is falling from its December peak, with prices increasing over the March quarter at the slowest pace in more than a year.

Shares in The Warehouse Group slumped to a new low in the face of recession fears, but there are hopes the Red Shed's increased grocery sales will give Kiwi more competitive food prices. Andrew Patterson reports.

Instead of tackling the fallacy and lie, the review came up with this: 'There should be increased joint work between Treasury and the RBA'.

Shadow treasurer Angus Taylor is ‘disappointed’ to see Labor appointing union-adjacent people to the Reserve Bank board.

As the Albanese government seeks to enact the recommendations of a review of the Reserve Bank, the coalition has queried two new appointments.

Jim Chalmers’ in-principle support for the recommendations released in yesterday’s review of the RBA is also welcome.

Economists have welcomed many of the proposed changes to the Reserve Bank of Australia, but some have raised concerns.

The Reserve Bank overhaul won’t fix mistakes of the past, but that’s not the point, analysts say