The Latest Breaking News from RBA

It’s worth remembering the RBA’s 2% to 3% inflation target is an arbitrary goal. Do we really need to hit households again with higher rates?

The ASX200 finished down 1.3 per cent after official statistics revealed a slight uptick in annual inflation, reducing the odds of a rate cut in 2024.

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Housing remains one of Australia’s most pressing issues in both state and federal politics. The RBA keeping rates up and high mortgage repayments have left many Australians struggling. For those Australians who don’t own a home, it’s becoming increasingly hard to get into the housing market.

The minutes from the last Reserve Bank meeting will outline the thinking behind keeping rates on hold and how seriously the case to hike was considered.

Jobless rate increases from a revised 3.9% in March but it’s a mixed picture with employers adding 38,500 jobs overall

It is impossible for wages to drive inflation when they are actually rising slower than inflation

Former RBA board member among experts who say Albanese government’s third budget is likely to at least delay next interest rate cut

A surplus matters less than what choices the government makes in its budget – here’s what Jim Chalmers’ statement tells us

Australia's economy set for positive shift as inflation expected to ease to RBA target range, supported by strong performance in key sectors and effective ...

We need to avoid replicating the experience of the 1990s, when taming inflation involved destroying the economy