The Latest Breaking News from Reserve Bank

Australia’s businesses and their leaders will show up at this week’s Jobs and Skills Summit with one thing in mind – give us more workers.

Auckland's real estate market sets the pace for the rest of New Zealand — right now, house prices are down 15 per cent from their 2021 peak and forecast to fall further. So what does that mean for families who just bought in?

The Detail podcast brings you the issues behind the news every weekday. Here's what we covered this week.

With the transfer this week of Kiwibank’s assets to a state-owned company, the New Zealand crown has now taken full control of the bank. At an estimated cost of NZ$2.1 billion, the change of ownership has all the hallmarks of a government bailout.

The restrictions will remain in force for six months from the close of business on August 23, 2022.

Why is the Reserve Bank facing flak from every angle over its economic handling of the pandemic?

The full budget impact of the second most aggressive interest rate hiking cycle in the Reserve Bank's history is still months from being felt by millions of households.

Australia’s consumer price index is about to go monthly, meaning Australia will join most of the developed world in getting an update on inflation at the end of every month, instead of once every three months as at present.

As the Reserve Bank considers another rate increase today, a more equitable approach would seek to shift the costs of dealing with inflation on to the least vulnerable, argues Edward Miller

Unfathomably, Australia’s unemployment rate has sunk to 3.5%. Even harder to believe is that it will soon sink lower – perhaps even this week, when the update is released on Thursday – and after that, if the ANZ’s forecasts are correct, dip below the next threshold to two-point-something for the…

Australia’s top economists are divided about how to tackle ballooning inflation that’s forecast to climb to a three-decade high by the end of the year.