The Latest Breaking News from Reserve Bank

Hard times make for bad thinking.

The Reserve Bank has just reported a loss of A$37 billion, the biggest in its history, and it says it will be unable to pay the government dividends for some time.

Briefly, in the days after the death of the queen, we were afforded a glimpse into the machine that makes Australia’s money.

The use of cryptocurrency is on the rise and its lack of regulation could threaten Australia's national security, according to Liberal senator Andrew Bragg, who has drafted a private member's bill pushing for tougher regulation.

Philip Lowe wants businesses to start offering shoppers more discounts, saying corporate profits must fall to curb soaring inflation.

The Reserve Bank has urged the government to not use the national credit card to pay for services.

Reserve Bank governor Philip Lowe says he will keep lifting interest rates but the pace will soon slow down and he is confident the economy can absorb the rises.

Labour market figure will be watched by economists as a guide to Reserve Bank’s decision on whether to further raise interest rates

It would take a bubble bursting to even get back to the level of housing affordability we saw in June 2020