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The Latest Breaking News from RBA

Reserve Bank closer to hitting pause on rate hikes

After delivering 10 interest rate rises in a row, the Reserve Bank could put further increases on hold to gauge the impact on soaring inflation.

AAP

Philip Lowe leaves clues his rate-rising work may be done – bar an Easter finale

The RBA governor has ditched his hawkish tone and the odds now seem to favour just one more rise, probably in April – but that could change

The Guardian - AU

How many more interest rate hikes? RBA boss Philip Lowe gives clues

Home owners will be slugged with another mortgage bill squeeze after the Reserve Bank raised its interest rates for the 10th time in a row.

The New Daily

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Afternoon Update: critics warn RBA risks ‘overshooting’ on rate hikes; Sally Rugg’s court loss; and Sphinx-like statue found in Egypt

Australians with a mortgage have been hit with a record 10 consecutive interest rate rises as the Reserve Bank lifted the cash rate to 3.6%

The Guardian - AU

Why RBA interest rate hikes could end by September – but brace for at least one more

Tuesday’s tenth successive Reserve Bank interest rate hike is the culmination of a process that has added $1,080 to the monthly cost of payments on a $600,000 variable mortgage.

The Conversation

‘Inflation has peaked’: RBA hikes interest rates again and signals more as economy slows

The Reserve Bank has raised interest rates for the 10th straight meeting in a row and continues to flag more hikes in a bid to curb inflation.

The New Daily

RBA fires off another rate hike to tackle inflation

The Reserve Bank of Australia has lifted interest rates for the 10th month in a row in its unwavering fight against high inflation.

AAP

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RBA interest rates: Reserve Bank increases official cash rate to 3.6% in record 10th consecutive rise

Interest rates at highest level since mid-2012 as central bank continues to try to drive down inflation

The Guardian - AU

Reserve Bank hikes interest rates at 10th straight meeting

The Reserve Bank has raised its interest rates target another 0.25 percentage points in March and has signalled even further hikes.

The New Daily

Reserve Bank of Australia raises interest rates to 11-year high, opens the door to a pause

The Reserve Bank of Australia (RBA) raises interest rates for the 10th consecutive meeting, taking the cash rate target to 3.6 per cent.

ABC News

Asia's very complicated pause in interest rates

Interest-rate pauses aren't exactly in trouble, but things are beginning to look awkward for officials eyeing a decent break. World growth isn't falling off a cliff and inflation has failed to ease up quite as expected in some big economies. The more fortitude the expansion shows, the greater the risk…

Bangkok Post

Another rate hike expected to fight stubborn inflation

The Reserve Bank is tipped to hike interest rates for the 10th time in succession and inflict further pain on already-stretched Australian households. The

The New Daily

Underlying Australia's inflation problem is a historic shift of income from workers to corporate profits

The three years since the onset of the pandemic have witnessed a dramatic redistribution of national income, away from labour compensation and towards business profits.

The Conversation

The Reserve Bank is tipped to raise interest rates again, even as some families struggle to meet higher home loan repayments

Australia's major banks expect the Reserve Bank will lift the cash rate to its highest level since May 2012 later today, but thousands of families like Le Tran's are already having to make sacrifices to make ends meet.

ABC News

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Newcastle Herald

Beating heart of a city, but Newcastle's CBD is hard to find

Our council believes that the CBD is emerging as Newcastle West, and this store believes Cooks Hill qualifies. I reckon most Novocastrians still think it's uptown, where it always was. Can anyone enlighten me?

AAP

Australia returns trade surplus of $11.6 billion

Australia has reported another trade surplus ahead of the RBA's March cash rate decision, which is broadly expected to result in another hike.

The Guardian - AU

Interest rate rises: is there a less painful way to curb inflation?

The Reserve Bank of Australia’s monetary policy has been criticised as unfair and ‘too blunt’. But what are the alternatives?

Newcastle Herald

Newcastle and Lake Macquarie on 'mortgage cliff' as owners brace for latest rate hike

The RBA lifted the cash rate to 3.60 per cent.

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The New Daily

Pressure on Labor over tax cuts, amid broad support for super hikes

Pressure is mounting on the federal government over tax cuts, amid support for super changes and ahead of another interest rate rise.

AAP

Mortgage holders brace for more interest rate pain

The Reserve Bank is expected to hike interest rates again this week and turn up the heat on already stretched household finances.

The New Daily

‘Incredibly difficult’: RBA prepares 10th straight rate hike, despite slowing economy

Struggling home owners face more bad news this week as the Reserve Bank prepares yet another hike in interest rates.

The New Daily

RBA poised to turn the screws on mortgage holders with a tenth rate hike

Already feeling the pain after nine interest-rate rises, mortgage holders are almost certain to come under even more pressure this week

AAP

Reserve Bank's cash rate decision to dominate agenda

The Reserve Bank of Australia's March cash rate decision and a speech from the governor Philip Lowe will be the highlights of this week's economic news.

The New Daily

Why are Australian households struggling as corporate profits soar?

Everyday Australian’s are struggling to keep up with the rising cost of living with soaring inflation hurting households’ hip pockets.

AAP

New house approvals slide for fifth month in a row

Approvals for new homes remains subdued as stubbornly high inflation and rising interest rates weigh on demand for home-building.

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