The Latest Breaking News from RBA

The ASX200 has slumped to its lowest in six months and the dollar to its weakest since November, despite interest rates staying on hold.

Borrowers have been spared further mortgage pain but one more interest rate hike or a longer stretch on hold may be needed to wrangle inflation under control.

Consumers appear to be spending more cautiously in a sign the Reserve Bank's mission to reduce inflation is working as intended.

If you look at what’s increased most in price over the past year, such as petrol, there is little that higher interest rates would change

Australia's consumer prices have risen 5.2 per cent in the latest figures, with fuel, housing, transport, food and insurance the biggest drivers.

Labor MPs elect Jacinta Allan to be premier, replacing the retiring Daniel Andrews

Treasurer Jim Chalmers says the federal government’s employment white paper is “ambitious”. I’m not convinced.

The monthly reading of consumer prices is expected to move up a little to reflect higher prices at the pump, potentially complicating efforts to curb inflation.

Australia's second quarter is typically associated with seasonal trends in tourism and travel. The country attracts many international tourists as Australia's weather becomes more favorable during this period. The influx of visitors can influence the demand for the Australian Dollar. Could this put profits in traders' accounts this year?