The Latest Breaking News from RBA

Australia's RBA To Hold Rates, Cut Later In Year

RBA expected to maintain rates but potential for a rate cut later in the year. Global economic concerns and domestic challenges influencing decision-making...

Top News · Mar 15, 2024

Interest rate rise unlikely after sluggish quarter of GDP growth, Australian economists say

Spending on Taylor Swift concerts defies pattern of consumers tightening their belts, with CBA predicting a September rate cut

The Guardian - AU · Mar 12, 2024

Coles faces competitive pressure from online retailers

The head of one of Australia's two big supermarkets says the sector is becoming increasingly competitive and online retailers are part of the story.

AAP · Mar 12, 2024

Pulse to be taken on inflation, retail and home prices

A key monthly inflation indicator is expected to inch a little higher but such a result is unlikely to worry the Reserve Bank as it ponders interest rates.

AAP · Feb 24, 2024

Former governors and treasurers advise against removing government’s power to overrule RBA

Critics of treasurer Jim Chalmers’ proposed reforms say the Reserve Bank is independent enough

The Guardian - AU · Feb 22, 2024

Former governors want power to overrule RBA to stay

Resistance is building to the federal government's plan to scrap a never used power to intervene in Reserve Bank decision making.

AAP · Feb 22, 2024

Wages are finally on the way up, but there’s a long way to go before workers feel relief

After three brutal years for households, concerns higher wages would drive up inflation and thus interest rates appear overblown

The Guardian - AU · Feb 21, 2024

Australia Central Bank Cautious On Inflation Decline

RBA minutes reveal cautious stance on inflation and commitment to supporting economic stability.

Top News · Feb 20, 2024

Australia’s economy likely to slow until stage-three tax cuts, lower interest rates and easing inflation kick in, CBA says

Spending tipped to moderate until households start getting some relief in the middle of the year, CommBank chief economist says

The Guardian - AU · Feb 15, 2024

Economy 'not dying' but firms ready for tough times

The business sector is losing some steam and dipped into below-average conditions for the first time in two years, even as consumers regained some optimism.

AAP · Feb 12, 2024