The Latest Breaking News from RBA

No interest rate relief predicted this year, major bank tells mortgage holders

ANZ first big bank to push prediction of Reserve Bank interest rate cut into 2025

The Guardian - AU · Jun 11, 2024

Households keep falling behind as rate increases bite

Most borrowers are adapting to tough financial conditions but the number of people in hardship or struggling to meet repayments is growing.

AAP · Jun 11, 2024

Stagflation: is Australia heading back to the 1970s? Our economics and business writers go head to head

The economy has stalled and inflation remains high. Should we be worried? Guardian Australia’s experts have very different views

The Guardian - AU · Jun 7, 2024

‘Sticky’ inflation is not falling – but it’s not rising, either. Why should that mean another RBA rate hike?

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 Guardian - AU · May 29, 2024

Inflation readout weighs heavily on Australian shares

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.

AAP · May 29, 2024

MP urges colleagues not to use Gaza as ‘opportunity to gain votes’ – as it happened

This blog is now closed.

The Guardian - AU · May 28, 2024

Politics with Michelle Grattan: Andrew Bragg flags a coalition would use ‘coercion’ of the states to get more new houses built

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.

The Conversation · May 25, 2024

Rationale behind RBA's last cash rate call on show

The minutes from the last Reserve Bank meeting will outline the thinking behind keeping rates on hold and how seriously the case to hike was considered.

AAP · May 19, 2024

Australia’s unemployment rate rises to 4.1% reducing chance of another RBA interest rate hike

Jobless rate increases from a revised 3.9% in March but it’s a mixed picture with employers adding 38,500 jobs overall

The Guardian - AU · May 16, 2024

Australians have lost 14 years of progress on living standards. A wages breakout? Please. If only

It is impossible for wages to drive inflation when they are actually rising slower than inflation

The Guardian - AU · May 15, 2024