The Latest Breaking News from RBA

Support from the Greens could hold the key to opening the door to capital gains tax changes as the government ponders reforms the opposition says it won't back.

When the Reserve Bank of Australia (RBA) board voted unanimously to lift the cash rate to 3.85% on Tuesday, the decision was driven by one overriding concern. It wants to stop the rising cost of living from becoming entrenched.

The Reserve Bank of Australia (RBA) has lifted the cash rate by 25 basis points to 3.85%, adding to pressure on households and businesses. While the move was widely expected by markets and most economists, the Reserve Bank says inflation risks remain too high to be comfortable.

The Reserve Bank has revised up its prediction for core inflation, with price growth expected to remain above its midpoint target despite higher interest rates.

Shortest rate-cutting cycle in the RBA’s modern history ends after unexpected jump in inflation

Australia's share market has rebounded as precious metals recovered from a sell-off, but an increase in borrowing costs has weighed on sentiment.

Former Liberal senator Cory Bernardi will lead One Nation’s ticket for the legislative council at the upcoming South Australian election

Mortgage holders could face back-to-back rate hikes after the Reserve Bank raised interest rates amid rising inflation pressures.

There are factors beside inflation that the board needs to consider, most notably the labour market