The Latest Breaking News from RBA

ASX rises as Reserve Bank lift rates, Dow Jones posts biggest monthly surge in 47 years

Australian shares post significant gains as the Reserve Bank of Australia lift rates, while Wall Street's industrial index, the Dow Jones, records its biggest monthly gain since 1976.

ABC News · Oct 31, 2022

Instagram users locked out, police say attacker wanted to hold Nancy Pelosi hostage, and RBA to raise rates again — as it happened

The news Australia is searching for, and all the news that happened while you snoozed: This is The Loop, your quick catch-up for this morning's stories as they happened.

ABC News · Oct 31, 2022

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 · Oct 31, 2022

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 · Oct 27, 2022

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 · Oct 27, 2022

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 · Oct 27, 2022

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 · Oct 25, 2022

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 · Oct 25, 2022

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 · Oct 24, 2022

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 · Oct 24, 2022