The Latest Breaking News from RBA

Alan Kohler: Three broken promises define 2022

Thanks to our unaffordable housing, Philip Lowe might not end up with a recession on his conscious, only the legacy of broken promises.

The New Daily · Dec 14, 2022

Give yourself the gift of a higher savings rate this Christmas

Millions of Australian home owners are being squeezed but that also means that the savings rate being offered by banks is going up.

The New Daily · Dec 14, 2022

RBA boss to stay on if reappointed

Reserve Bank of Australia governor Philip Lowe says he has no plans to resign when his term is up next September.

AAP · Dec 14, 2022

CoreLogic report reveals region's rate rise sticker shock

Homeowners in Newcastle and Lake Macquarie could see their mortgage repayments increase by $1,192 a month when it comes time to refinance in 2023.

Newcastle Herald · Dec 9, 2022

Reserve Bank review ‘will be relevant’ to Philip Lowe’s chances of a second term, Chalmers says

Treasurer says it is not a ‘performance review’ but will ‘feed into our thinking’ about RBA leadership

The Guardian - AU · Dec 7, 2022

Decision on RBA's top job due next year

The treasurer will consider the best possible leadership structure for the central bank when weighing up the reappointment of governor Philip Lowe next year.

AAP · Dec 7, 2022

RBA maintains 'open mind' on digital money

Australians value hard cash and have easy access to it, but digital money could be a back-up during cyber events and when extreme weather hits banking systems.

AAP · Dec 7, 2022

Long-term job seekers still missing out

The jobs market might be tight but with a shrinking pool of entry-level vacancies, the long-term unemployed are still struggling to find work.

AAP · Dec 7, 2022

The RBA keeps slamming on the brakes, but the economy has already very much slowed down

GDP figures show wages and not just profits are starting to generate growth. Still, disposable income is going backwards

The Guardian - AU · Dec 7, 2022

‘Mighty’ shoppers drive the economy as millions splurge before Christmas

The strength of consumers spending right now has many economists scratching their heads ahead of Christmas but a "reckoning" looms.

The New Daily · Dec 7, 2022