The Latest Breaking News from RBA

Inflation peak to cause even higher mortgage bills in early 2023, economists say

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

The New Daily · Jan 25, 2023

With inflation still rising, the RBA will almost certainly lift interest rates in February

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.

The Conversation · Jan 25, 2023

Inflation data ‘unacceptably high’: Jim Chalmers

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

The New Daily · Jan 25, 2023

Inflation tipped to peak in fresh data

Australians will get a pulse check on the rising costs of living when inflation figures for the December quarter drop.

AAP · Jan 22, 2023

Michael Pascoe: Hey RBA, take another month’s holiday. We don’t want another recession

There was plenty in the December meeting board minutes to justify doing nothing on interests rates in February.

The New Daily · Jan 20, 2023

How long will we use human misery to control inflation?

An interest rate increase? On the agenda? Try eight, actually happening. Dr Lowe and his RBA colleagues did get left behind.

The New Daily · Jan 15, 2023

Why your mortgage interest rate could rise further, even after the RBA stops hiking

Australian banks — which made bumper profits last year — are facing soaring funding costs as they need to repay $188 billion of cheap money borrowed from the Reserve Bank in the coming years, which is bad news for home loan borrowers.

ABC News · Jan 13, 2023

Inflation crossroads: Where cost-of-living crisis, interest rates could go in 2023

It’s been a rollercoaster year for families as a cost of living crisis has combined with steep interest rate hikes to squeeze millions.

The New Daily · Jan 2, 2023

The jobs market posted its best year in decades, but wages haven’t kept up

Australia’s jobs market has finished 2022 in a remarkably strong position, but there's a mystery underneath that's hurting most workers.

The New Daily · Dec 28, 2022

What Australia's housing market has been doing over the past year

During 2022, eight successive rate rises to combat high inflation quickly hit the housing market, slowing 2021’s extreme growth and remaining at the centre of the fall in Australia’s home prices. So what's next?

ABC News · Dec 27, 2022