The Latest Breaking News from RBA

Commonwealth Bank, ANZ, NAB and Wespac to lift variable mortgage rates by half a percentage point

All of the big four banks will pass on the Reserve Bank's latest interest rate rise to home loan customers in full — but not all savers.

ABC News · Jul 6, 2022

Interest rate hikes difficult but necessary to curb inflation in Western Australia, says economist

West Australians already battling with the price of food and bills may fall through the cracks, as the Reserve Bank of Australia attempts to curb rising inflation.

ABC News · Jul 5, 2022

Michael Pascoe: Australian official briefed foreign power against RBA

While all eyes were on the Reserve Bank on Tuesday, an extraordinary story in the weekend press seems to have slipped by without notice.

The New Daily · Jul 5, 2022

How much did interest rates go up by? What is the RBA's new cash rate? How could it all impact you?

We've just been hit with the third cash rate hike in three months. Here's what it all means.

ABC News · Jul 5, 2022

Rates rise to 1.35% – and there's no stopping now the RBA's on a mission to whip inflation

There was no suprise in the board of the Reserve Bank of Australia lifting interest rates at its July meeting. The only question was by how much.

The Conversation · Jul 5, 2022

The Loop: Why interest rates are rising, Albanese to visit flood-affected NSW, protester interrupts hot-dog-eating contest, Russia claims victory in Luhansk

Here's your TL;DR for today's news.

ABC News · Jul 5, 2022

Cost-of-living crisis will get worse before it gets better: Jim Chalmers

Treasurer Jim Chalmers has conceded the cost-of-living crisis will get worse before it gets better after the RBA hiked interest rates by 50 basis points. 

The New Daily · Jul 5, 2022

Interest rate decision: RBA raises cash rate by half a percentage point to 1.35 per cent — as it happened

The Reserve Bank of Australia has announced a cash rate increase of 50 basis points as it seeks to curb inflation — as it happened.

ABC News · Jul 5, 2022

ASX notches up two-day winning streak after RBA's double interest rate hike

Australian shares rise for a second straight day as the Reserve Bank lifts interest rates for a third straight month in a desperate attempt to bring inflation down.

ABC News · Jul 4, 2022

Homeowners warned to expect at least two further rate hikes as repayments soar

Cash rate predicted to rise again in August as the RBA attempts to bring down rising inflation

The Guardian - AU · Jul 4, 2022