The Latest Breaking News from RBA

Reserve Bank’s decision to leave cash rate at 3.6% was widely expected and major banks predict no interest rates cut until 2026

Borrowers face the possibility of interest rates going up rather than down again after the Reserve Bank held steady following a spike in inflation.

Inflation jumped 1.3% in the September quarter, above economists’ and the Reserve Bank’s own expectations. That is likely to rule out a cut in interest rates next week.

The RBA has long anticipated a rebound in the headline inflation rate, driven by the rolling expiry of generous household power bill subsidies

RB Global's (NYSE:RBA) turnaround story is gaining traction as the industrial auctioneer steadies after a volatile year, with easing auto market headwinds and improving construction demand positioning 2026 as its first "clean year" since the IAA acquisition, a potential springboard for renewed growth momentum.

Reserve Bank governor Michele Bullock has responded to a surprise jump in unemployment as a credit agency gives Australia's finance a tick of approval.

US president says he has his ‘best numbers ever’ but will rule oput VP tilt; Michele Bullock signals borrowing costs won’t be cut until next year

Michele Bullock plays down concerns about rising joblessness as economists pencil in February for next reduction in borrowing costs

Melbourne Cup day may not prove a winner for borrowers if inflation remains sticky in data released the week before, splitting predictions on interest rates.