The Latest Breaking News from RBA

How China uncertainty could push back RBA rate cut

Unexpected jobs figures have diminished hopes of an interest rate cut in February but favourable inflation data could put lower mortgage costs back on the menu.

AAP · Dec 12, 2024

Early rates cut all but dashed as unemployment dips

Australia's unemployment rate has unexpectedly fallen to 3.9 per cent, bolstering the argument for the Reserve Bank of Australia to keep rates on hold.

AAP · Dec 11, 2024

Bank chief doubts trade-war risk will cancel Christmas

The Ghost of Christmas Yet to Come has visited the RBA deputy, revealing little chance of the global economy plunging into another Depression.

AAP · Dec 11, 2024

Australian shares slip as banks count cost, miners gain

The ASX200 finished down a third of a per cent, despite the mining sector posting its best performance in more than two years.

AAP · Dec 10, 2024

Rates stay on hold and hope for February cut revived

Long-awaited mortgage relief looks closer as the central bank takes another interest rate hike off the table and lays the groundwork for future cuts.

AAP · Dec 9, 2024

RBA set to hold rates steady at final meeting of 2024

No change in interest rates is anticipated at the Reserve Bank of Australia's last board meeting of the calendar year.

AAP · Dec 8, 2024

Tide turns for retailers with shop tills tipped to ring

Australians have been saving what they can as living costs soar but experts expect more spending in the next 12 months, especially when interest rates are cut.

AAP · Dec 5, 2024

What do the latest GDP figures tell us? That the RBA is still getting it very wrong

It’s time the reserve started undoing the damage it’s done before even public spending can’t keep the economy growing

The Guardian - AU · Dec 4, 2024

Interest rate cut hopes rise and Australian dollar slumps after GDP expands by a weak 0.3%

Per capita GDP continued to decline for seventh consecutive quarter as population grew, ABS data shows

The Guardian - AU · Dec 4, 2024

As Australian housing prices drop, first homebuyers could be in for a win. But, as always, there’s a catch

Lower house prices can have far-reaching consequences – for mortgage default rates and consumer spending

The Guardian - AU · Dec 4, 2024