The Latest Breaking News from RBA

Which banks have passed on the May RBA rate rise to mortgage borrowers? NAB kicks it off, as ANZ follows

Here is a breakdown of which major banks have responded to the RBA's decision, and which ones we're still waiting on.

ABC News · May 4, 2023

Jim Chalmers wants a truly independent RBA. He should be careful what he wishes for

Might Jim Chalmers have forgotten Labor Party history?

The Conversation · May 3, 2023

Alan Kohler: Why this week’s RBA meeting was different

Jim Chalmers is touting 'responsible' spending. Can it be “responsible” in the context of the battle by the RBA to slay inflation?

The New Daily · May 3, 2023

Daniel Andrews blames Victoria’s huge pandemic debt on RBA interest rates advice

Victorian premier says interest rates are ‘smashing families’ despite 2020 advice to national cabinet

The Guardian - AU · May 3, 2023

‘Smashing families’: Premiers take aim at RBA rate rises

Three premiers have taken aim at the RBA over rapidly rising interest rates, following Tuesday's decision to impose another hike.

The New Daily · May 3, 2023

Sorry, what? The latest interest rates rise suggests the RBA board is completely lost to logic

How could it come up with that decision given what it said in April and the new data we have seen since then?

The Guardian - AU · May 3, 2023

Michael Pascoe: You want more RBA independence, Treasurer? Cop this

“So you think the Reserve Bank board lacks ticker, Jim? You think the focus on getting inflation down needs to be sharpened? Well cop this.”

The New Daily · May 2, 2023

RBA surprise interest rate hike catches out seasoned pundits and borrowers alike

For many of the Reserve Bank’s first 10 increases, the question was the size of the hike – not whether one was coming

The Guardian - AU · May 2, 2023

‘Deadly serious’: Why Philip Lowe thinks interest rates could rise again amid inflation fears

Interest rates will force another round of painful mortgage bill hikes to ensure inflation keeps falling from 30-year highs, Philip Lowe says.

The New Daily · May 2, 2023

RBA boss Philip Lowe defends shock interest rate rise, saying 'there is a limit' to inflation patience

The Reserve Bank of Australia's governor says an acceleration in the cost of services and a rebound in house prices were among the factors prompting it to raise rates again, just a month after pausing its string of hikes.

ABC News · May 2, 2023