The Latest Breaking News from RBA

What exactly is the review of the Reserve Bank of Australia hoping to discover?

Here are four key areas to watch ahead of the review making its recommendations to the treasurer

The Guardian - AU · Sep 15, 2022

Australian jobless rate lifts to 3.5pct

The jobless rate grew to 3.5 per cent in August, lifting from the record low 3.4 per cent figure in July.

AAP · Sep 14, 2022

Opposition warns against RBA distractions

The federal opposition wants to see the Reserve Bank of Australia stick to its strengths and remain focused on containing inflation.

AAP · Sep 14, 2022

Which banks are passing on the latest RBA interest rate rise to mortgage holders? NAB kicked it off, then ANZ and Commonwealth followed suit

On Tuesday, the Reserve Bank of Australia announced it was raising the cash rate to 2.35 per cent. But Australia's big four banks have been slow to respond.

ABC News · Sep 9, 2022

What will happen to Australia’s coins and notes featuring the Queen?

Money bearing the Queen’s face will remain in circulation and the change to currency with King Charles will be gradual

The Guardian - AU · Sep 9, 2022

Mining leads fall in business turnover

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

AAP · Sep 9, 2022

Philip Lowe admits the RBA erred on its rate rise timing – but there were messaging misfires too

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

The Guardian - AU · Sep 9, 2022

Bank of Canada gives hope of better times, as oil continues to tumble

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.

The New Daily · Sep 8, 2022

RBA boss Philip Lowe flags slower rate hikes, rebukes critics calling for his resignation

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.

The New Daily · Sep 8, 2022

RBA governor warns at least two more interest rate rises needed to combat ‘scourge’ of inflation

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

The Guardian - AU · Sep 8, 2022