Get all your news in one place.

100's of premium titles.
One app.

Get all your news in one place.

100's of premium titles. One news app.

The Latest Breaking News from RBA

Australian home prices fall for six months in a row as interest rate rises bite

Home prices have been dropping over the past six months as the Reserve Bank of Australia has raised interest rates from a record low in May to curb red-hot inflation. And with interest rates set to keep rising, more falls are expected.

ABC News

RBA hikes interest rates 25 basis points

The Reserve Bank of Australia has hiked rates by another 25 basis points on Melbourne Cup day, adding to the pressure already felt by mortgage holders.

AAP

ASX rises ahead of the Reserve Bank's anticipated rate hike; Wall Street, global shares advance

Australian shares rise, tracking overnight gains on Wall Street as investors await the Reserve Bank's interest rate decision due on Tuesday.

ABC News

From analysis to the latest developments in health,
read the most diverse news in one place.

RBA to pull trigger on seventh rate hike

The central bank is set to capture the headlines this week, with most experts predicting it will tighten monetary policy by another 25 basis points on Tuesday.

AAP

Rate rise expected on Melbourne Cup day likely to be followed by higher inflation outlook

Two of Australia’s biggest banks predict the Reserve Bank will revise the inflation rate to 8% – the highest since March 1990

The Guardian - AU

Reserve Bank reports record $40bn loss on government bonds purchased during Covid pandemic

RBA will likely not pay government dividends for years until negative equity of $12.4bn is restored and built up

The Guardian - AU

Banks forecast sharp interest rate hike

Mortgage holders are likely to see repayments jump even higher as the inflation dragon proves harder to slay than expected.

AAP

Read news from The Economist, FT, and more,
with one subscription

Why is the cost of living going crazy even as the Reserve Bank raises rates?

Overseas issues and a wildfire housing market have combined to drive inflation growth that hasn’t been seen for decades

The Guardian - AU

Jim Chalmers’ first budget comes amid a darkening economic outlook. Here’s what could go wrong

The federal budget forecasts growth of 3.25% this year but hints at a slowing global economy with high inflation and interest rates

The Guardian - AU

What does the federal budget deliver for business? Child care, skills and tax the centrepieces

Addressing skills shortages is the government's key budget focus to assist business, with tax stings in store for some multinationals, cash-in-hand businesses and investors.

ABC News

Petrol price spike looms for motorists, RBA comments on inflation

Motorists have a small window to fill up on cheaper petrol as many cities hit their first new fuel cycle after the fuel tax cut expired.

The New Daily

Previously-Secret Documents Reveal The Reserve Bank Reckons House Prices Are Set To Drop By 20%

The Reserve Bank of Australia predicts house prices could fall by 20% by the end of 2024, which would be the biggest drop since the 1980s.

Pedestrian.tv

Sydney’s property prices dropped 10% this year, with $450 a day lost from average home

Decline comes as RBA documents indicate values may sink as much as 20% nationally from their February peak by end of 2024

The Guardian - AU

Gloomy backdrop for first Albanese budget

The Labor government is handing down its first budget at a time of economic turbulence. Here's why that matters.

AAP

Get all your
news in one place.

100's of premium titles.
One news app.

The Guardian - AU

Australia’s jobless rate is steady as she goes – and so too is the economy

Unemployment has come in at 3.5% for the second month in a row. That’s good news for economic growth – if people have jobs, they’re more likely to spend

ABC News

How does the RBA set interest rates each month? Why was this month's decision a close call?

The Reserve Bank reveals its recent decision to slow down interest rate increases was "finely balanced" and explains the process by which it arrives at its monthly decisions.

The Guardian - AU

RBA rate rise ‘finely balanced’ with risk of slowdown but more increases still likely, minutes say

October meeting notes show Reserve Bank’s smaller hike took into account expected reduced growth due to global inflation

AAP

Reserve Bank nervous about rate hike lag

The Reserve Bank wants to give its earlier aggressive rate hikes a chance to flow through and to see how households respond.

Get all your
news in one place.

100's of premium titles.
One news app.

The Guardian - AU

Fixed or variable? A look at how home loan rate options across Australia stack up

After crunching the numbers, it’s clear that mortgage holders shouldn’t just do nothing, says RateCity’s head of research

The Guardian - AU

Australian banks hit with payment transfer outage as RBA blames technical error

Reserve bank says system is back up and running on Thursday, and they are working to clear the backlog

ABC News

Osko fast payment crash blamed on Reserve Bank technical problem

A major outage of online fast inter-bank transfer system Osko leaves payments in limbo, with the Reserve Bank admitting fault.

The New Daily

Dealing with a world in which mortgage rates are rising and house prices are falling

With the RBA boosting interest rates another 0.25 per cent on Tuesday and the cash rate now sitting at 2.6 per cent many home buyers fearful

ABC News

Reserve Bank acknowledges its rapid rate hikes could force some people to sell their homes

Australia's Reserve Bank says its rapid interest rate rises could see some mortgage owners fall into arrears, and some even having to sell their homes.

The Guardian - AU

One-quarter of homeowners could be spending 30% of their income on loans by late-2023, RBA says

Reserve Bank warns households with high debt relative to income are ‘particularly vulnerable to shocks’

AAP

New roundtable to boost housing investment

The Albanese government will explore opportunities to co-invest in housing projects alongside private investors.

1 … 54 55 56 57

People

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations

Reserve Bank of Australia

Read news from The Economist, FT, and more,
with one subscription

Topics

Places

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.