The Latest Breaking News from RBA

Labor could raise welfare payments for cost-of-living relief without stoking inflation, economists say

Albanese government would need to couple any increases in unemployment benefits and pensions with savings, experts say

The Guardian - AU · Jan 3, 2024

Golden zone: could Australia’s economy pull off a miracle in 2024?

Signs suggest inflation and interest rates may fall considerably without killing growth or employment. The government will be desperately hoping so

The Guardian - AU · Jan 2, 2024

Australia’s property market faces fresh peaks and troughs with slowing prices and interest rates tipped to drop

Price trends are unlikely to be straightforward in 2024, even if the RBA’s next move is a rate reduction

The Guardian - AU · Jan 1, 2024

Federal budget improvement is good news for Jim Chalmers but households still face squeeze

While commodity prices are propping up revenue and a likely surplus, household consumption is flat and savings have fallen – and there’s an election coming

The Guardian - AU · Dec 13, 2023

RBA boss hopeful for better year following hard 2023

Higher interest rates and cost of living pressures are hurting households and businesses, with the central bank governor acknowledging it's been a hard year.

AAP · Dec 12, 2023

Reserve Bank wants to keep 'broad coverage' of ATMs

Reserve Bank governor Michele Bullock says cash use is sliding and putting pressure on the business models that underpin access to notes and coins.

AAP · Dec 11, 2023

Pre-emptive disaster declarations for Cairns and Townsville – as it happened

This blog is now closed.

The Guardian - AU · Dec 11, 2023

Australia’s economy 2023 report: how it started v how it’s going

Stronger than expected population growth made inflation hardier than most experts predicted and property prices defied successive rate rises

The Guardian - AU · Dec 9, 2023

Bracket creep is cooling Australia’s economy – it’s good news for interest rates but not for household budgets

The weak economy probably means the next RBA rates move – short of an inflation surprise next month – will be a cut

The Guardian - AU · Dec 6, 2023

ASX skyrockets as economy shows sign of weakness

The ASX200 made its biggest daily gain in more than a year as lower-than-expected GDP growth signals the RBA's rate rises are having their intended effect.

AAP · Dec 6, 2023