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The Latest Breaking News from Reserve Bank of Australia

Reserve Bank deputy governor resigns

Guy Debelle, the deputy governor of the Reserve Bank of Australia, has resigned to take up a corporate role in June.

AAP

Morrison says Qld premier ‘consulted’ on emergency; Rio Tinto ditching Russia; 21 Covid deaths – As it happened

All the day’s news as it unfolded

The Guardian - AU

Rate rise plausible this year: RBA's Lowe

Reserve Bank of Australia governor Philip Lowe has told a business conference that a rise in the cash rate is plausible this year.

AAP

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Ukraine major source of uncertainty: RBA

Reserve Bank of Australia governor Philip Lowe says the war in Ukraine is a major source of uncertainty, as the board left rates on hold.

AAP

Growing wages still lag rate of inflation

Annual wages grew 2.3 per cent as of the December quarter, the highest since mid-2019, but still lagged well behind the rate of inflation at 3.5 per cent.

AAP

Why there's no magic jobless rate to increase Australians' wages

With the official unemployment rate now 4.2% – the lowest since 2008 – Prime Minister Scott Morrison has predicted a rate “with a 3 in front of it this year”. The Reserve Bank of Australia agrees, forecasting unemployment below 4% in coming months.

The Conversation

RBA to remain patient before lifting rates

The Reserve Bank of Australia governor Philip Lowe says the central bank board is prepared to remain patient before lifting interest rates.

AAP

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ASX 200 slips despite rallies on Wall St, oil prices surge to seven-year highs amid Russia-Ukraine tensions

Australian shares fall, with investors looking forward to the Reserve Bank of Australia's monetary policy meeting on Tuesday.

ABC News

Inflation likely to fuel cash rate talk

This week's inflation figures are likely to fuel speculation of a rise in the Reserve Bank of Australia's cash rate this year.

AAP

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