The Latest Breaking News from Reserve Bank

The Detail podcast brings you the issues behind the news every weekday. Here's what we covered this week.

With the transfer this week of Kiwibank’s assets to a state-owned company, the New Zealand crown has now taken full control of the bank. At an estimated cost of NZ$2.1 billion, the change of ownership has all the hallmarks of a government bailout.

As the Reserve Bank considers another rate increase today, a more equitable approach would seek to shift the costs of dealing with inflation on to the least vulnerable, argues Edward Miller

Unfathomably, Australia’s unemployment rate has sunk to 3.5%. Even harder to believe is that it will soon sink lower – perhaps even this week, when the update is released on Thursday – and after that, if the ANZ’s forecasts are correct, dip below the next threshold to two-point-something for the…

Australia’s top economists are divided about how to tackle ballooning inflation that’s forecast to climb to a three-decade high by the end of the year.

Once again central banks, including Philip Lowe’s Reserve Bank, have kept extreme monetary policies in place for too long

Australia’s top economists are divided about how to tackle ballooning inflation of 6.1% that’s forecast to climb to a three-decade high of 7.75% by the end of the year.

The RBA is looking into the idea of a central bank digital currency as cryptocurrencies continue to gain popularity

Households and the Reserve Bank will get a much closer look into when soaring inflation peaks later this year with monthly price reports coming.