The Latest Breaking News from RBA

Afternoon Update: Wong alarmed by Middle East ‘escalation’; RBA holds cash rate; and Dorset ‘Stonehenge’ discovered

Foreign affairs minister says 2024 is on track to be the deadliest year on record for aid workers

The Guardian - AU · Sep 24, 2024

No RBA rate cut yet, but Governor Bullock is about to find the pressure overwhelming

Who’d want to be Reserve Bank Governor Michele Bullock? On Tuesday she had to do the almost impossible: defend a decision not to cut interest rates at a time when they were being cut in just about every other major industrial nation.

The Conversation · Sep 24, 2024

No cuts in ‘near term’ as RBA leaves Australia’s official interest rate unchanged at 4.35%

RBA decision was in line with economists’ forecasts as economy endures persistent inflationary pressures

The Guardian - AU · Sep 24, 2024

View from The Hill: The Greens’ demands on the RBA make for bad economic policy. Is it also crazy politics?

When the Greens tell Labor they’re ready to negotiate, what they usually mean is they’re preparing to make populist demands that can’t or shouldn’t be met.

The Conversation · Sep 23, 2024

Greens may bristle at comparison but their RBA interest rate cut ultimatum is Trumpist

No government institution is entirely at arm’s length, but an intervention by Jim Chalmers would likely be calamitous

The Guardian - AU · Sep 23, 2024

Labor, expert lash 'crazy' call to step in over rates

Calls for Canberra to intervene with the Reserve Bank to lower interest rates to get financial reforms over the line have been rejected by Labor.

AAP · Sep 23, 2024

AFL stars walk Brownlow medal red carpet – as it happened

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The Guardian - AU · Sep 22, 2024

On interest rates, once again Labor is in a half-negotiation, half-cage fight with the Greens

Australia’s curious mix of moderating inflation, weak growth but strong employment means we should prepare for more differences of opinion

The Guardian - AU · Sep 22, 2024

Reserve Bank to hold the line despite US Fed cut

The Reserve Bank is unlikely to give interest rate relief to borrowers at the September meeting as Australia's inflation rate still has fight left in it.

AAP · Sep 22, 2024

'Welcome progress' on inflation to come: Treasurer

Jim Chalmers says while inflation levels are set to drop when figures are released on Wednesday, it remains unclear if it will get back to RBA targets.

AAP · Sep 21, 2024