The Latest Breaking News from RBA

Faruqi says housing fund standoff ‘not about playing political games’ – as it happened

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The Guardian - AU · Jun 19, 2023

RBA says jobs market too tight to control inflation

Australia has managed to engineer full employment but the extreme competition for workers risks keeping inflation higher for longer.

AAP · Jun 19, 2023

‘Mortgage stress’: New home owners squeezed hardest as repayments skyrocket

Many new homeowners could see half their incomes consumed by mortgage repayments in coming months as the RBA hikes rates.

The New Daily · Jun 19, 2023

Strong job numbers could mean more rate rises for Australia. Here’s why a recession isn’t a certainty

Reserve Bank appears determined to raise interest rates at least once more, even if Australia’s economy is slowing

The Guardian - AU · Jun 15, 2023

Immigration key to Australia avoiding a recession, unlike NZ

If Australia is lurching towards a recession like the one neighbouring New Zealand is now suffering, there were few signs of it on Thursday.

The New Daily · Jun 15, 2023

Australia’s unemployment falls to 3.6% as the economy adds 76,000 jobs in May

Employers expand workforces even as growth slows, surprising economists

The Guardian - AU · Jun 15, 2023

We know how to boost productivity and lift wages – but it will take time and much tougher tax reform

The slide in Australia’s labour productivity – real gross domestic product per hour worked – has become a real concern. In the past year, labour productivity has fallen 4.6%.

The Conversation · Jun 15, 2023

Reserve Bank underpaid almost 1200 staff

Some 1200 staff of the Reserve Bank missed out on wages they were entitled to due to an error calculating payments for leave.

AAP · Jun 14, 2023

Michael Pascoe: In defence of the RBA (no, seriously)

The RBA and whoever happens to be in government right now want unemployment up above 4 per cent to 4.25 or 4.5 per cent.

The New Daily · Jun 13, 2023

Wealth rises with $140 billion property price surge in early 2023

Australia’s housing market has surged by $140 billion in early-2023 amid an extraordinary rebound in property prices.

The New Daily · Jun 13, 2023