The Latest Breaking News from RBA

Jim Chalmers’ bad week: an economic dumpster fire and Labor squabbling

The treasurer is feeling the heat on several fiscal fronts, and some within Labor are questioning the government’s political strategy

The Guardian - AU · 20h ago

Unemployment in Australia reaches 4.7%, its highest in nearly five years

Financial markets trimmed the probability of an RBA interest rate rise on 3 November to below 20% following the latest figures

The Guardian - AU · Oct 15

The RBA keeps hiking interest rates – but are the rate rises actually working?

With the cash rate at a 15-year high, consumer confidence has tanked – while household spending is still growing

The Guardian - AU · Oct 13

Consumer confidence plunges to worst level since 1990s

There's "no end in sight" for Australian consumers stuck in a "cost-of-living nightmare" as rising interest rates and fuel prices squeeze household budgets.

AAP · Oct 6

Australia’s interest rate rise is the wrong medicine and an even worse alibi

Inflation is again being used as an excuse for acts of vandalism on some of Australia’s important institutions

The Guardian - AU · Oct 3

Is now a good time to switch banks for a better home loan rate? Here’s what to know after the latest RBA hike

Experts warn it’s getting harder to find big discounts and borrowers will need to talk tough about leaving their mortgage lender for another

The Guardian - AU · Oct 3

Throwback to 2011: why it feels different to the last time interest rates were this high

From the supermarket checkout to the petrol pump, the way price rises ripple through the economy has changed dramatically

The Guardian - AU · Oct 2

Aussie shares limp ahead to end four-week losing streak

Rebounds in banks, miners and energy stocks have helped stabilise the ASX to end the week, but the bourse is down almost seven per cent from August's record.

AAP · Oct 2

RBA denies staff a pay rise that keeps up with inflation just hours after interest rate rise

Michele Bullock concedes Australian workers are suffering wage cuts in real terms but latest EBA offer remains behind rise in cost of living

The Guardian - AU · Oct 1

First home buyers with big loans among those most at risk of falling into negative equity, RBA warns

Central bank estimates fewer than one in 100 borrowers owe more on their home than its worth

The Guardian - AU · Oct 1