The Latest Breaking News from Reserve Bank of Australia

The Reserve Bank of Australia lifts the cash rate to 3.6 per cent, and the local share market closes higher. Look back on the day's events and insights from our business reporters on the ABC News markets blog.

The RBA lifted the cash rate to 3.60 per cent.

Cherish Kuehlmann woken up by officers who ‘barged into the house’ and took her to a police station, where she was charged with a trespass offence

The house was previously on the market for 127 days.

It’s a tough time for central bankers the world over, but especially for Reserve Bank of Australia governor Philip Lowe.

The election of the Hawke Labor government on March 5 1983 began an era of once-in-a-century economic reforms that opened the Australian economy to the world. It floated the dollar, eliminated controls on international capital flows, and dismantled the high tariffs that protected local manufacturers from imports. It refocused Australia’s…

After lifting interest rates for a record nine times in a row, and flagging more raises still to come, the Reserve Bank of Australia’s latest set of forecasts make for grim reading.

Indigenous Australians are respectfully advised that the following includes the names and images of some people who are now deceased.

Qantas boss Alan Joyce apologises for "routinely letting customers down" as Europe's two central banks hike their version of the cash rate, with the Reserve Bank of Australia expected to follow next week.

The Reserve Bank of Australia said the new $5 dollar note will not feature a portrait of King Charles but will pay tribute to the 'culture and history' of Indigenous Australians

Australia will erase the British monarch from its banknotes, replacing the late Queen Elizabeth II's image on its $5 note with a design honoring Indigenous culture, the central bank said Thursday. The decision to leave her successor King Charles III off the $5 note means no monarch would remain on…