The Latest Breaking News from RBA

Business turnover has eased in seven out of 13 industries, with mining activity falling after seven months of lifts.

Could Australia’s reserve bank have done a much better job of controlling inflationary expectations?

Central banks around the world are rising rates, but offering hope that the end is in sight, while crude oil hits a seven-month low.

Reserve Bank governor Philip Lowe has foreshadowed slower mortgage bill hikes later this year as the bank grapples with massive uncertainties about the outlook for soaring inflation and the economy.

Philip Lowe admits ‘the magnitude of the pickup in inflation has come as a surprise to everyone’

More rate hikes are in store and the case for a slower pace of tightening grows stronger, the Reserve Bank of Australia's governor says.

There is a good chance Australians have seen the last super-sized rate hike for a while, according to a speech by the central bank governor.

RBA delivers more pain to borrowers

Data shows WA is the most mortgaged state in the country and has the largest gap between wage growth and inflation, but comparatively low house prices continue to shield sandgropers from further pain as interest rates rise yet again.

Soaring commodity exports and positive agricultural forecast expected to be balanced by Reserve Bank’s moves to counter inflation

Households will be hit with another hike in their mortgage bills after the RBA increased interest rate for a record fifth month in a row.