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 Reserve Bank

Treasurer says government's energy market intervention is already working to provide household relief

Treasurer Jim Chalmers tells ABC Insiders the federal government's intervention is putting downward pressure on electricity prices, and inflation remains the economy's greatest challenge.

ABC News

Jim Chalmers confident Australia will avoid recession despite warnings of more interest rate rises

The treasurer also noted ‘very encouraging’ signs on power prices falling, saying Labor’s energy price relief package was working

The Guardian - AU

RBA governor faces grilling on 'hawkish' rate hike talk

Reserve Bank governor Philip Lowe will appear before parliamentary committees this week after what's been labelled as a "hawkish" shift for the central bank.

AAP

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

Intervention for energy prices working, says treasurer

Treasurer Jim Chalmers says intervention in the energy market is working and that a decision will be made mid-year on the fate of RBA governor Philip Lowe.

AAP

Australia’s economy running hot despite rising interest rates, but experts urge caution

Building and business insiders warn the Reserve Bank’s recent hawkish approach risks long-term harm for households and commerce

The Guardian - AU

The RBA’s latest inflation and wage predictions help explain why Australia’s interest rate nightmare isn’t over

The main worry is workers might demand more pay, employers will pass that on to prices, and a wage-price spiral will take off

The Guardian - AU

The Reserve Bank will keep raising interest rates, but don't expect more supersized jumps

The Reserve Bank confirms that Australians can expect to see at least two more rate rises, but appears to favour a slow and steady approach over any more supersized hikes.

ABC News

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

RBA backs power bills relief plan to help ease costs

As Treasurer Jim Chalmers has seized on support for a power bill relief plan as he meets his state and territory counterparts online.

AAP

Reserve Bank causing households ‘too much pain’ with rate rises, says union chief Sally McManus

Australian union leader says the absence of labour market expertise on the RBA board had caused ‘missteps’

The Guardian - AU

The Reserve Bank wants unemployment to rise. It should be careful what it wishes for

We had all better hope the coming slowdown doesn’t happen before the full effect of rate rises is felt

The Guardian - AU

ASX closes higher as traders prepare for more rate hikes to come and companies report mixed half year results — as it happened

Equity traders added back almost as much as was wiped off the ASX yesterday, following that ninth hike by the RBA, as more companies reported their earnings. Catch up on the day's financial news and insights from our specialist business reporters on our live blog.

ABC News

Economists say recession still possible as rates bite

As the Reserve Bank weighs up further rate rises, there are concerns domestic and global factors could stall Australia's economy.

AAP

How high will interest rates go? RBA flags more mortgage pain in 2023

Australians are being warned to brace for even more interest rate hikes after the Reserve Bank began 2023 with a fresh mortgage squeeze.

The New Daily

RBA warns of at least 2 more interest rate rises in coming months, as the economic outlook worsens

Australia’s cash rate has hit 3.35%, after the Reserve Bank raised interest rates for the ninth time in a row – and signalled more interest rate pain ahead. The 0.25 percentage point rise adds A$90 a month to a $600,000 variable mortgage.

The Conversation

Get all your
news in one place.

100’s of premium titles.
One news app.

The Guardian - AU

RBA interest rates: Reserve Bank lifts official rate to 3.35% in record ninth consecutive hike to tame inflation

Mortgage holders likely to feel immediate pain but RBA indicates further increases to come in attempt to bring inflation under control

AAP

Record ninth consecutive increase to official cash rate

The Reserve Bank of Australia has announced a 25 basis point rise in the cash rate, taking it to 3.35 per cent - the highest since September 2012.

ABC News

Reserve Bank raises interest rates, 'expects that further increases will be needed'

The Reserve Bank raises interest rates for the ninth meeting in a row, taking the cash rate target to its highest level since September 2012.

ABC News

Interest rate updates: Philip Lowe says RBA will 'do what is necessary' to curb inflation as cash rate reaches highest level since September 2012 — as it happened

The Reserve Bank lifts interest rates by another quarter of a percentage point, with ANZ becoming the first bank to pass on the increase to its customers.

Get all your
news in one place.

100’s of premium titles.
One news app.

The New Daily

Watch: Interest rates, Earthquake tragedy, Suspicious death

Watch: The Reserve Bank is meeting for the first time this year today, with Australians told to brace for what is expected to be the 9th interest rate

ABC News

Australian households should prepare for many more rate hikes this year, experts warn

A leading economist was overwhelmed with interest after releasing RBA cash rate research. Here's why.

AAP

Rate rise expected to hit households hard

The Reserve Bank of Australia board is expected to announce a 25 basis point rise in the cash rate when it meets on Tuesday, adding to cost of living pain.

The New Daily

Higher rates, falling home prices and real wages, but no recession: Economists’ forecast for 2023

Higher interest rates, falling home prices and real wages, but no recession. The economic forecast from top financial experts.

The Conversation

Higher interest rates, falling home prices and real wages, but no recession: top economists' forecasts for 2023

Australia’s Reserve Bank is set to push up rates once again at its first meeting for the year on Tuesday, according to all but two of the 29 leading economists surveyed by The Conversation at the start of 2023.

AAP

Letters explaining $5 note shock decision released

Letters explaining the future of Australia's $5 note, which will include a replacement for the portrait of the monarch with a new design, have been released.

The Conversation

It's tradition: Indigenous designs have been on Australian money since decimalisation

Indigenous Australians are respectfully advised that the following includes the names and images of some people who are now deceased.

1 … 15 16 17 18

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.