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The Latest Breaking News from Reserve Bank

Cost-of-living concerns impacting Aussie travel plans

After rebounding from the pandemic, the travel industry is facing further setbacks as holidaymakers face cost-of-living concerns.

AAP

What happened to the grand light rail plans

Email letters@newcastleherald.com.au or send a text message to 0427 154 176 (include name and suburb).

Newcastle Herald

Interest rates: How refinancing and saving are shaping up after the March hike

The Reserve Bank’s tenth interest rates hike in a row last week has sparked a flurry of fresh activity from lenders.

The New Daily

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Faith in the Reserve Bank board is at an all-time Lowe

Tired solutions based on old theories no longer deliver the goods, Crikey readers say. Get with the times!

Crikey

Who is Anies Baswedan, the man hoping to be Indonesia's next president?

The Indonesian presidential hopeful has met with Foreign Minister Penny Wong and governor of the Reserve Bank Philip Lowe during his visit to Australia.

ABC News

Higher interest rates harm the young and the poor? What self-serving tripe

Recent claims that the Reserve Bank is reckless in increasing interest rates are plain wrong. Here’s why.

Crikey

Budget cuts flagged to counter coalition 'booby traps'

Finance Minister Katy Gallagher is optimistic comments from RBA boss Philip Lowe show interest rate hikes are close to ending but warns of more cost-cutting.

AAP

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Confused, incompetent or blithely reckless: what’s up with the RBA board?

Yesterday’s interest rate rise was further evidence the Reserve Bank of Australia is in denial about the inflation crisis.

Crikey

As crisis calls over financial distress climb, treasurer and finance minister say they know rate rises are hurting

The government acknowledges a growing number of people making financial distress calls to crisis support hotlines, as the Reserve Bank governor says the mental health concerns of Australians weighs heavily on him.

ABC News

Reserve Bank closer to pause on rate rises: Philip Lowe

The latest rise in the official cash rate will make things even more difficult for families with mortgages, the treasurer has warned.

The New Daily

RBA governor Philip Lowe says interest rate 'pause closer' with 'open mind' based on data

The Reserve Bank governor says the board is considering a pause after 10 consecutive interest rate rises, possibly as early as April, but the timing will depend on incoming economic data.

ABC News

Joe Biden's new plan to tax the rich, Ukraine denies involvement in Nord Stream attacks, and Melbourne Airport faces delays — as it happened

The news Australia is searching for, and all the news that happened while you snoozed: This is The Loop, your quick catch-up for this morning's stories as they happen.

ABC News

Reserve Bank closer to hitting pause on rate hikes

After delivering 10 interest rate rises in a row, the Reserve Bank could put further increases on hold to gauge the impact on soaring inflation.

AAP

How many more interest rate hikes? RBA boss Philip Lowe gives clues

Home owners will be slugged with another mortgage bill squeeze after the Reserve Bank raised its interest rates for the 10th time in a row.

The New Daily

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The Guardian - AU

Afternoon Update: critics warn RBA risks ‘overshooting’ on rate hikes; Sally Rugg’s court loss; and Sphinx-like statue found in Egypt

Australians with a mortgage have been hit with a record 10 consecutive interest rate rises as the Reserve Bank lifted the cash rate to 3.6%

The Conversation

Why RBA interest rate hikes could end by September – but brace for at least one more

Tuesday’s tenth successive Reserve Bank interest rate hike is the culmination of a process that has added $1,080 to the monthly cost of payments on a $600,000 variable mortgage.

The New Daily

‘Inflation has peaked’: RBA hikes interest rates again and signals more as economy slows

The Reserve Bank has raised interest rates for the 10th straight meeting in a row and continues to flag more hikes in a bid to curb inflation.

AAP

RBA fires off another rate hike to tackle inflation

The Reserve Bank of Australia has lifted interest rates for the 10th month in a row in its unwavering fight against high inflation.

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news in one place.

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The Guardian - AU

RBA interest rates: Reserve Bank increases official cash rate to 3.6% in record 10th consecutive rise

Interest rates at highest level since mid-2012 as central bank continues to try to drive down inflation

Crikey

One thing the RBA is unlikely to disclose today is the truth about your falling wages

The central bank’s research finally concedes the truth about wages, but don’t expect its board to highlight it.

ABC News

ASX closes higher as Reserve Bank lifts cash rate by 0.25 percentage points to 3.6 per cent; InvoCare surges on takeover bid — as it happened

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.

ABC News

The Reserve Bank is tipped to raise interest rates again, even as some families struggle to meet higher home loan repayments

Australia's major banks expect the Reserve Bank will lift the cash rate to its highest level since May 2012 later today, but thousands of families like Le Tran's are already having to make sacrifices to make ends meet.

AAP

Australia returns trade surplus of $11.6 billion

Australia has reported another trade surplus ahead of the RBA's March cash rate decision, which is broadly expected to result in another hike.

The New Daily

Mortgage holders brace for another interest rate blow

The Reserve Bank is expected to raise interest rates again, turning up the heat on already stretched household finances.

The New Daily

Pressure on Labor over tax cuts, amid broad support for super hikes

Pressure is mounting on the federal government over tax cuts, amid support for super changes and ahead of another interest rate rise.

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