The Latest Breaking News from RBA

Jobless rate eases as employers shrug off rising costs to keep adding to their workforces

Those who salivate over other nations’ interest rates with barely any care for people losing their jobs really need to think about their priorities

The RBA governor is reminding everyone that her mandate covers not just inflation, but also full employment

Interest rates could go higher again if inflation proves stickier than expected or moves higher, the head of the Reserve Bank of Australia says.

Fair Work Commission lifts minimum wage to $24.10 an hour from July, with the rise outpacing the government’s forecast inflation rate

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.