The Latest Breaking News from Reserve Bank

Official inflation figures show inflation hitting 7.8 per cent as cost-of-living pressures continue to weigh on household budgets.

Australian shares reach a new nine-month high amid a day of volatile trade. Investors are awaiting the latest quarterly inflation numbers, which will influence the Reserve Bank of Australia's next move on interest rates.

Australian banks — which made bumper profits last year — are facing soaring funding costs as they need to repay $188 billion of cheap money borrowed from the Reserve Bank in the coming years, which is bad news for home loan borrowers.

Economics is a dark art at the best of times, but with so many balls in the air, few things are a given.

The rising cost of living is biting businesses and households around the world. Editors from across The Conversation’s international network have asked local academic experts to explain how their countries and regions are tackling this issue, as well as the 2023 outlook for prices and interest rates where they live.

It’s been a rollercoaster year for families as a cost of living crisis has combined with steep interest rate hikes to squeeze millions.

People are taking advantage of higher interest rates on their savings accounts but it's becoming hard to find a high rate without conditions attached.

The Reserve Bank needs to take on board the lessons learnt from its poorly communicated forward guidance, a parliamentary committee has found.

RBA’s final meeting minutes reveal concerns about higher spending over summer holidays without Covid restrictions