The Latest Breaking News from RBA

Australia will erase the British monarch from its banknotes, replacing the late Queen Elizabeth II's image on its $5 note with a design honoring Indigenous culture, the central bank said Thursday. The decision to leave her successor King Charles III off the $5 note means no monarch would remain on…

King Charles won't be replacing the late Queen on the new $5 note, after the Reserve Bank decides to honour First Nations culture instead.

Let’s have a sort of “upper-level extension” to the RBA in the fight against inflation, writes Alan Kohler.

The sharp fall in retail trade is more evidence the Reserve Bank should hold off raising interest rates further

As charities report increases in workers needing support amid rising living costs, the Reserve Bank is forecasting household pressures will increase as fixed-term home loans end.

Australian property prices have declined again in January, but the pace of the downturn has continued to ease ahead of a rate peak.

Australian homeowners are being warned to brace for at least two more interest rate hikes in early 2023 after fresh inflation figures.

Interest rates are almost certain to rise again in February, after the latest Consumer Price Index figures showing inflation hit 7.8% in 2022 – its highest rate in 33 years.

Australia's annual inflation rate has risen to a three decade high over the December quarter amid soaring power and grocery bills.

CPI rose by 1.9% in the December quarter driven by surging electricity prices and the cost of holiday travel and accommodation

Australia's annual inflation rate has risen to a three decade high over the December quarter amid soaring power and grocery bills.