The Latest Breaking News from Reserve Bank

Each of Australia’s big four banks is now predicting a rate rise in six days’ time on Melbourne Cup Tuesday. It would add another A$77 to the monthly cost of servicing a $500,000 mortgage and be enough to take the total extra monthly impost since rates began climbing to more…

At a White House briefing early this week, Joe Biden’s press secretary, Karine Jean-Pierre, was asked whether there’d been any thought of postponing Anthony Albanese’s state visit because of the Middle East conflict.

The Reserve Bank is preparing for the day when cryptocurrency goes mainstream in New Zealand but there are plenty of sceptics who doubt the benefits of digital assets. Ben Rose argues the case for moving forward.

Increase compares favourably with New Zealand and the US, Reserve Bank assistant governor says

Climate, crime, health and education? Fuggedaboutit. For voters, cost of living is bigger than Covid – hell, it's bigger than Jesus. So tackling inflation will win the election. Jonathan Milne investigates.

If the Reserve Bank does push up interest rates again, the most likely next date is its next board meeting, on Melbourne Cup Tuesday.

Business & investing: ANZ Bank economists expecting rate rise before year's end, but Kiwibank thinks hikes aren't necessary, writes Andrew Patterson

If you look at what’s increased most in price over the past year, such as petrol, there is little that higher interest rates would change

Treasurer Jim Chalmers says the federal government’s employment white paper is “ambitious”. I’m not convinced.