The Latest Breaking News from RBA

More house price falls on cards as rates squeeze buyers

While not yet in uncharted territory, Australia's housing market is in for a hiding from higher interest rates, lower borrowing capacity and tax changes.

AAP · Sep 29

RBA lifts rates to highest level in 15 years – risking a sharper slowdown of the economy

The Reserve Bank of Australia has raised the cash rate to 4.6% from 4.35%, taking the key rate to its highest level since late 2011 as it battles persistent inflation.

The Conversation · Sep 29

New fees, higher costs: Card surcharges have been banned – how will it affect the way you pay?

Australian ban on credit and debit card surcharge. Some businesses plan to pass the cost on to consumers – or avoid it altogether

The Guardian - AU · Sep 29

More pain brews for borrowers as rates hit 15-year high

The Reserve Bank's decision to lift the cash rate to 4.6 per cent was unanimous, but economists are divided on whether borrowers can expect more hikes.

AAP · Sep 28

Further interest rate hikes could ‘devastate’ property market without easing unaffordability

With RBA predicted to lift cash rate for fourth time this year on Tuesday, experts warn a fifth – or even sixth – rise would be ‘overkill’

The Guardian - AU · Sep 28

Shares flat ahead of interest rate call as oil jumps

The local exchange has handed back most of its early gains ahead of a key Reserve Bank decision, as high oil prices and inflation shroud the earnings outlook.

AAP · Sep 28

Higher tax take puts federal budget on stronger footing

Australia's deficit for the past financial year is smaller than expected, but rising borrowing costs mean the fiscal outlook is still gloomy.

AAP · Sep 27

Cafes, shoppers at a crossroads as surcharge ban looms

Shoppers may benefit from cash discounts, but retailers will still have to pay the price on merchant fees when a card surcharge ban comes into effect.

AAP · Sep 27

RBA expected to hike cash rate to 4.6%, its highest level since 2011

Outcome of meetings of Reserve Bank on Monday and Tuesday will affect Australian mortgage rates, household budgets and house prices

The Guardian - AU · Sep 27

Promise of 'light at end of the tunnel' for inflation

Labor is determined to inject optimism into Australia's gloomy consumers as another interest rate hike appears all but certain.

AAP · Sep 27