The Latest Breaking News from Reserve Bank of Australia

1970s-style stagflation now playing on central bankers' minds

“Stagflation” is an ugly word for an ugly situation – the unpleasant combination of economic stagnation and inflation.

The Conversation · Jun 29, 2022

Profits push up prices too, so why is the RBA governor only talking about wages?

Reserve Bank of Australia governor Phillip Lowe has invoked memories of the 1970s, warning wage growth must be restrained to contain Australia’s surging inflation.

The Conversation · Jun 26, 2022

Where did the RBA find evidence of wage growth?

The Reserve Bank of Australia is facing a federal government review, and we found one good reason for it: Wages growth data has come from a source that an expert called not "statistically valid".

ABC News · Jun 20, 2022

Rates, inflation to take edge off growth

New data suggests the sharp rise in inflation and an expected rapid rise in interest rates will take the edge off Australia's economic expansion.

AAP · May 17, 2022

RBA contemplated larger cash rate hike

The minutes of the Reserve Bank of Australia's May board meeting show there was concern among board members about waiting to raise the cash rate.

AAP · May 16, 2022

New regulations coming to payment systems

The government is developing a new framework for regulating payment platforms, Reserve Bank of Australia deputy governor Michele Bullock says.

AAP · May 13, 2022

Markets turmoil and interest rate rises: the economic challenges facing Australia after the election

Soaring energy costs, stagflation fears and calls for higher wages are just some of the bumps in the road awaiting a new or returned government

The Guardian - AU · May 11, 2022

Spending up in March quarter despite COVID

Retail spending grew 1.2 per cent in the March quarter to a record $93.2 billion, to be 4.9 per cent higher than a year earlier.

AAP · May 9, 2022

Many struggled even before rate increase

A new survey has found almost one-in-three borrowers were struggling to make ends meet even before the Reserve Bank of Australia raised the cash rate last week.

AAP · May 9, 2022

RBA sets scene for steady rise in rates

The Reserve Bank of Australia has jacked up its inflation forecasts, indicating there will be a steady rise in interest rates for the rest of this year.

AAP · May 5, 2022