The Latest Breaking News from Reserve Bank of Australia

Qantas boss apologises for 'routinely letting customers down' as ASX continues to rise — as it happened

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.

ABC News · Feb 2, 2023

King Charles SNUBBED and won't appear on new Australian bank notes

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

Daily Mirror · Feb 2, 2023

Australia to Remove British Monarch from Banknotes

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…

Asharq Al-Awsat · Feb 2, 2023

Country Age Pension Fuel Card surcharges labelled a 'rort', as value stalls against inflation

Pensioners are paying surcharges of up to 3.75 per cent each time they swipe their cards, which a user has labelled a "rort".

ABC News · Nov 25, 2022

Review panel pledges to revitalise RBA

An independent panel set up to examine the Reserve Bank of Australia says it will make recommendations to "revitalise" the central bank.

AAP · Nov 24, 2022

RBA signals it may pause further interest rate rises

Minutes of November Reserve Bank of Australia meeting say board is ‘prepared to keep rates unchanged’ while it assesses state of economy and inflation

The Guardian - AU · Nov 15, 2022

RBA outlines gloomier outlook for economy

The Reserve Bank of Australia sees inflation peaking higher, slower growth and a higher jobless rate as economic challenges intensify.

AAP · Nov 4, 2022

Interest rates have gone up again, pushing some Australian mortgage borrowers beyond their 'stress test' limits

The latest rate hike by the Reserve Bank of Australia means mortgage borrowers have been pushed to the limits — and beyond — of their "stress test" buffer.

ABC News · Nov 2, 2022

Big banks begin passing on rate rises

Mortgage holders are bracing for higher repayments in the wake of another 25 basis point rate hike by the Reserve Bank of Australia.

Newcastle Herald · Nov 1, 2022

Blunt instrument of interest rates targets inflation but hits borrowers and jobs

Editorial: Interest rates the hammer and the nail

Newcastle Herald · Nov 1, 2022